The stocks we cover here at Blogging Stocks have had a lousy run since the beginning of May when we opened for business. Money market funds might be a better buy.
During a period of poor overall market performance -- for example, the S&P 500 fell 4% -- our stocks: Apple Computer, Inc. (Nasdaq: AAPL), eBay, Inc. (Nasdaq: EBAY), General Electric (NYSE: GE), Google Inc. (Nasdaq: GOOG), Microsoft Corporation (Nasdaq: MSFT), Time Warner Inc. (NYSE: TWX), Wal-Mart Stores, Inc. (NYSE: WMT), and Yahoo! Inc. (Nasdaq:YHOO) -- have fallen an average of 6%.
With short-term interest rates rising, it seems clear that money market funds -- which yield almost 5% -- are a better bet than the average stock.
Closing Bell: Dubai sends jitters throughout the market (S, BBY)
Heinz looking good after the second quarter?
Why isn't Bank of America updating its shareholders on CEO situation?
