January 24, 2013 at 09:19 AM EST
Stock Downgrades: Apple Looks Like a Lemon
Stocks hit fresh five year highs after the House agreed to extend our borrowing limit through May 19. Ah May 19 — it was on that date in 2001 that a desperately struggling Apple (AAPL) its stock at $11.66  opened its first stores. On May 19 1962 a Mad Men era highlight saw Marilyn coo “Happy Birthday” to JFK at Madison Square Garden (MSG) whose stock stands today atop an all-time high. Don Draper last seen in ’67 to the similarly dulcet sounds of Nancy Sinatra  is to return in April.   A half century ago the white shirts of International Business Machines (IBM) ruled the roost ...
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