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Title : Closing Out The Poll -- February 12, 2018
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Closing Out The Poll -- February 12, 2018

I haven't watched CNBC since Thursday, more than a week ago, I believe, it was February 1, 2018, when the market plummeted. I knew that all of last week would be crazy on CNBC with all the volatility of the market, so I stayed away from CNBC.

I plan to stay away from CNBC for the next three or four weeks until I see what the new "normal" for the market is. A half-percent move on a 26,000-point Dow is 130 points, so one would assume any move less than 100 points in either direction (up or down) is simply background noise. Once I get a feeling for the new "normal" I will return to CNBC. Until then, ....

To avoid CNBC and the market, I also need to avoid Yahoo!Finance which is difficult because that's where I get my WTI prices for the daily morning and afternoon post.

I assume the blog will suffer to some degree by not following business news; but, we'll see.

Having said that, I'm tired of the poll on the blog right now, so I will close it out.

In the poll, I asked readers what they thought should replace GE on the Dow 30. The results of that poll:

• another FANG (Facebook, Netlix, Alphabet): 23%
• a railroad (UNP, CSX, Norfolk Southern): 9%
• manufacturing (Corning, Cummins, StanleyBlack&Decker): 29%
• teleccommunications (T, CMCSA): 6%
• Banking (BAC, BK): 18%
• other, including: Google, TSLA, an airline, Deere: 6%

I agree that it should be another manufacturing company.

I see analysts are suggest a target price of $14 for GE. Today, it was down on an "up" day for the market, at about $14.81.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship-related decisions based on anything you read here or think you may have read here.

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