After a good
start yesterday on January 3rd 2012, for the start of the 2012 year
on the stock market, the stock market hit a bit of a slide today. While there
was some strength, it was not as strong but it remains to be seen what Thursday
and Friday will be like for those on Wall Street after today.
Stock
Report for 1/4/12
The Dow Jones remains up today
with gains of +21.04, not exactly the triple digit gains that occurred yesterday.
The NASDAQ had a slight dip of -0.36 and the S and P 500 had a slight gain of
+0.24. Those who were spurred by gains in the stock market on this past Tuesday
were rather disappointing for the flat performance that occurred on January 4th
2012 on Wall street.
The rest of the month for January
will be one to watch, perhaps a preview for the rest of 2012. There seem to be
some growing pains in the new year for many, after a booming holiday season.
As always, this just proves that
one day gains rarely signify any kind of turn around in the stock market. It
may be a roller coaster of a month for January for many on Wall street, continuing
the trend that has been occurring in recent years, momentary hope before we
have been brought to the lowest of the lows.
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