The chart below is the NASDAQ100 hourly chart overlaid with an hourly Apple (AAPL) chart. Notice how well the two correlate.
Gasoline at the pump has jumped across the US in recent weeks, climbing back to nearly $4.00 a gallon in some states. Many attribute gas price increases to the jump in recent oil prices. Some attribute the jump in gas prices to increased consumption due to summer time travel.
Gold investment is not the most typical sort of financial dealing, and can easily be misunderstood by people who have never attempted it before. Of course, plenty of people are familiar with investment opportunities that fall outside of the ordinary stock market.
While it is important to understand price action of individual stocks when investing, market indexes provide strong supporting indications of whether one of its member stocks is likely to go up or down. Today, we took a look at Cisco Systems, a well known technology company listed as part of the S&P500 (and the NASDAQ 100 too).