Google CEO, Eric E. Schmidt stepping down

Today google announced that its current CEO, Eric E. Schmidt is stepping down. Larry Page will be the New CE), starting next week.
For Eric E. Schmidt, will really affect goog share. At the Market opening bell, google shares was $640, but now it $612. It really amazingly drop a lot.

We don't what will come next week if google share will drop more. This is only the first day.

Now Eric E. Schmidt, and Steve Jobs are out as CEO. For Steve Jobs is temporary. Is Bill Gates Going to step down as a CEO to and give his place to Allen Paul?

Markets 1/20/11

All the Markets pretty much broke even today with the Dow at $-2.49 The S&P 500 down $-1.66 and the Nasdaq down $-21.07

News

If there is one piece of advice I can give you about doing well in the stock market, it is: know what is going on in the world around you. The news can help you in many ways. The BP oil spill was a perfect example of this. I know people who were invested in BP and did not hear about the oil spill until a few days after it happened. In that time the stock dropped significantly. Read some sort of newspaper daily or watch the news for at least 30 minutes.

Market Update 1/19/11

Today the Dow Jones closed at $-12.64 (-.11%). Not a large drop, and the market has been rising steadily so there is no need for worry. The Nasdaq Composite lost 1.46% and the S&P 500 lost 1.01%. 

Apple Steve Jobs Leaving the Stock Market

Apple CEO Steve Jobs, announced last Sunday to step down for a leave surgery.

If Steve Jobs is not in the market, it will affect a lot the Stock Market. He stepped down twice already, and Apple shares went down, because Tim Cook was the CEO. Now Cook is the permanently CEO for Apple, and he done, really bad on the first day, which was right after Martin Luther King Jr. Holiday. It was down 4% in the Morning

Leverage

I have been using two stocks this past year that have given me a 45% return on my portfolio. They are ProFunds Ultra Dow 30 (UDPIX) and ProFunds Ultra Midcap (UMPIX). They use leverage to achieve 200% the performance of the Dow and S&P Midcap. This can be incredibly useful in times when the Dow and Midcap are going up, like they have in the past year, but can also be very damaging to your portfolio if the Dow and Midcap are falling like they were in 2008, as it would fall at 200% the rate. I highly recommend buying these stocks when you feel the Dow or Midcap will rise again, but if you think that they are due for a dip then lay off.

First Post!

Welcome to All About Wall Street. I designed this blog to arouse a discussion about the stock market, recent purchases, ideas, and anything else related to finance. In recent years the market has fluctuated more than it ever has. Feel free to follow and post anytime you like.