Poll Results: Bulls outrun the Bears, barely
There’s an old saying on Wall Street: buy cheap, sell dear. It’s not a helpful saying, but it’s a saying nonetheless.
With the Dow Jones Industrial Average setting records (it closed Wednesday at 22,412), HBSDealer asked readers for their take on the financial markets. Here’s what we heard:
The Dow Jones Industrial Average is running at an all-time high — well over 22,000. What's your take?
• 47% — A sign of a healthy economy, and strong days ahead.
• 45% — What goes up, must come down. Be warned
• 9% — I don’t pay much attention to Wall Street.
The poll is still open here. Take the poll here.
Tools for hurricane victims
Sparks, Maryland-based Apex Tool Group is donating $220,000 in tools to help rebuild communities affected by Hurricanes Harvey and Irma. Gearwrench, Crescent, Wiss and Lufkin tools will be donated, along with the use of a 350,000 sq. ft. warehouse for two months, the company said.
The warehouse will be used by disaster relief nonprofit Trusted World as a sorting and staging headquarters for Harvey donations from around the country.
“Our associates as well as our businesses are committed to building today’s communities, building tomorrow’s skills, and rebuilding in times of need,” said Jim Roberts, CEO, Apex Tool Group. “While our own facilities were not impacted by the devastation of Hurricanes Harvey or Irma, putting our tools and resources in the hands of local nonprofits will help accelerate clean up and restoration efforts.