New week for the Stock Market and
a full five day week this week, starting on Monday January 23rd 2012
and it was quite the interesting day on Wall Street today, with a rather shaky
stock market throughout the day. Was this a sign of things to come? We’ll have
to keep an eye right on the market this week.
Stock
Market Report for January 23rd 2012: Lower Value.
As anyone who has invested any
money in the stock market or really has even researched to consider their
options, they know that the market tends to rather live and die by any kind of
news that makes their way on the market. Today there were slight rallies and
slight falls then ended in a slight loss. The most horrifying news, that we
should have seen coming was how stocks seem to be lower value, how they are
trading in the lowest values of years.
In many circumstances, that
actually might be news where it is time to buy but so far, we have not seen a
bottom to this current economic fall. There have been times where we have
grabbed onto the ledge and peered over the top but in reality, there is just no
telling how far we can fall and as horrifying is that how far we can fall is
perhaps not the furthest we can yet fall.
Also problems in Europe right now
may have an effect. Given that the so called lower unemployment rates at the
end of the year was merely a blip before the cold reality of the matter did set
in. Banks are still sliding as well and the average American citizens have had
to pay dearly for this.
It was not as damning as a day as
it could have been on Wall Street but it could remain at a steady slide or it
could plummet at this moment. Stocks being at their lowest value in years might
be a blessing or a curse. It depends on how investors at large interpret it and
act. Time will tell.
Dow Jones: 12,708.82(-11.66)
Nasdaq: 2,787.17(-2.53)
S and P 500: 1,316.00(+0.62)
No comments:
Post a Comment