My notes as I explore various business and financial topics

Thursday, February 10, 2011

Do You Believe . . . in Disney?

Do you believe that the economy will continue to grow this year? Do you believe that the stock market will reach new highs? If so, then maybe you should buy Disney stock. Why?

Here is a chart of Disney stock price. Note the upward trend.

Now, here is a chart of the Dow! Amazing how in sync the two are?!! All signs indicate that the stock market will continue to gain in 2011. If this pattern holds, Disney stock should gain as well.

 Oh, btw, the pattern holds up in the 5 year chart as well!

Does anyone know of any other stocks that track the market this closely? If so, please let me know in the comments!

Disclaimer: these are just my personal observations.  When it comes to picking stocks, I have no idea what I'm doing.  If you're going to invest, you need to do your own research and find out what's best for you!

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