Wednesday, January 11, 2012

Stock Market Report 1/11/12


On the third day of the Stock Market week(after missing a day of the report), the stock markets tend to be a bit topsy turvey for the day, but there seems to be a bit of news at the end of the rainbow at the end of the 2011.


1/11/11 Stock Report: Gold Up, Strength in 2011 End

We should really hope that all of the ills of 2011 are slowly turning around in 2012(and really the past three or four years as well). Yet there seems to be moderate bumps and moderate declines right in the stock market right now. Each day there seems to be declines and gains, Wall Street is behaving not so much like a rollercoaster, but rather, a teeter-totter. Up slightly, down slightly, but it is only a small comfort that there has not been drops that are too high.

In a bit of good news, the price of oil has slightly gone down to about $101. Of course, the price of oil shifts a lot of time through the economy. Gold is rising a bit higher in value and judging by many thefts in the news, copper is becoming scarce. Given the theft aspects, that might necessarily be the most sound thing in the world.

Eleven days in the new year, the stock market remains steady, but rather stagnate right now. Flat tends to be the world, but there have been no horrific drops. With the year still young, hopefully a steady rise will be in the cards. The 2012 Presidential Election remains the key and obviously there is little to no gap between the rich and the poor, where the middle class once resided is gone.

This week seems to be a mixed bag for Wall Street. Let us await what is coming around the corner.

Dow Jones: 12,449.45(-13.02)
Nasdaq: 2,710.76(+8.26)
S and P 500: 1292.48(+0.40)   

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