Saturday, October 25, 2014

Kentucky Company Stock Market Prices Up 305% Since March 6, 2009.....Kentucky State Unemployment Rate Drops Sharply From 10.6% in October 2009 to 6.7% in September 2014

Since the Kentucky US Senate Race is now so close between Moderate Democrat Alison Lundergan Grimes and elderly, far right Republican Mitch McConnell, I think it would be helpful to update how Kentucky Companies have done on the stock market price front since March 6, 2009, which was the very bottom point of the US Stock Market due to the spillover effects resulting from the disastrous 2008 financial meltdown.

During this five years and eight months period of time from March 6, 2009 through October 24, 2014, very effective Moderate Democrat Steve Beshear was Kentucky's Governor and the US Senate was under Democratic control.

I found 18 Kentucky Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total Stock Market Capitalizations of more than $100 mil each and which also had their common stocks trading on each of the following three dates:
  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date October 24, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 18 Kentucky Companies had their average equal-company-weighted stock market prices decline by 37% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the five years and eight months since March 6, 2009 through October 24, 2014, the average stock market prices of these same 18 Kentucky Companies have increased by a very impressive 305%.  This 305% increase is markedly higher than that of just a week ago, where the average increase was a lower 294% from March 6, 2009 to October 17, 2014.

Thus in the six years and ten months from December 31, 2007 before the 2008 financial meltdown to the most recent date October 24, 2014, the equally-company-weighted average stock market prices of these same 18 Kentucky Companies have increased by an impressive 77%...... yeah, these Kentucky Companies have not just recouped the massive amount they lost with the disastrous 2008 financial meltdown, but also added another 77%.

Below here  are the stock market prices of each of these 18 Kentucky Companies on October 24, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:






Market Market Market






Price Price Price






% % %






Change Change Change



Market Market Market 3-6-09 12-31-07 12-31-07



Price Price Price to to to
Kentucky Company HQs
10-24-14 3-6-09 10-24-14 8-18-14 3-6-09 10-24-14



$s $s $s











Ashland Covington KY     107.31        6.08      47.43 1665% -87% 126%
Tempur Sealy Lexington KY      56.89        4.46      25.97 1176% -83% 119%
Humana Louisville KY     133.11      19.54      75.31 581% -74% 77%
Churchill Downs Louisville KY      99.17      23.63      53.97 320% -56% 84%
Papa Johns Intl Louisville  KY       43.18      10.98      11.35 293% -3% 280%
Texas Roadhouse Louisville KY      27.54        7.67      11.06 259% -31% 149%
Brown-Forman Louisville KY      88.08      26.90      29.94 227% -10% 194%
Computer Services Inc Paducah KY      38.50      13.00      16.50 196% -21% 133%
Yum! Brands Louisville KY      69.88      24.50      38.27 185% -36% 83%
Lexmark Lexington KY      40.60      15.65      34.86 159% -55% 16%
PharMerica Corp Louisville KY      27.48      14.83      13.88 85% 7% 98%
Farmers Capital Bank Frankfort KY      23.14      12.76      27.00 81% -53% -14%
Almost Family Louisville KY      27.62      15.84      19.43 74% -18% 42%
Stock Yards Bancorp Louisville KY      31.81      20.12      23.94 58% -16% 33%
Republic Bancorp Louisville KY      23.19      14.89      16.53 56% -10% 40%
Community Trust Bancorp Pikeville KY      33.80      23.97      27.53 41% -13% 23%
Kindred Healthcare Louisville KY      20.59      15.01      22.56 37% -33% -9%
General Cable Highland Heights  KY       13.94      13.65      73.28 2% -81% -81%









Average % Change all 18 Kentucky Companies



305% -37% 77%










Details to come.