Friday, January 6, 2012

Stock Report 1/6/12-Week Ends Flat on Wall Street with Job Report.


The stock market suffered a loss today. It appears that many on Wall Street were not satisfied with the unemployment figures being down this year and a few promising signs in the jobs report.


Steady Growth Will Take Much Time

Obviously if the last few years have taught us anything, it is that there will be a lot of highs and lows within the stock market. There will be flashes of hope within the economy, encouraging data, but the data will not be encouraging enough or some. Today, the Dow Jones ended -55.78 as compared to yesterday. Perhaps not as damning as a loss it could have been but still a fraction of the strong gains to start the year have been erased. Nasdaq as up 4.36 and the S and P 500 was -3.25.

A turbulent first week for the stock market for the year 2012. Jobs growth in the United States may be evident but it remains evident that Wall Street is not satisfied with a momentary blip of hope. Economic data as it is can be skewed if one looks like certain numbers from a mostly positive direction and while things are up the upswing from one perspective, from the bigger picture, any gains are not stronger.

Time will tell. 2012 is going to be a big year for the stock market and the United States economy(and the economy of the world by comparison). Four years ago, elections had occurred, as the economy started on a downward slide. The bottom dropped out during 2008, into 2009 as well. There do seem to be moderate healing in this day and age, but the damage that lead up to the slump are years.

Steady growth is as always keys and more good news coming out will allow some peace of mind for investors. Many have been burned badly and one or two bits of good news might look nice, but in reality, there have been times where good economic news has been followed up by bad news.

Tuesday started good but stocks ended mostly flat for this first week of 2012 on Wall Street. The stock market is almost always a fascinating picture of what’s going on and it should be interesting to see if things rise or fall even further in 2012. All we, the people can do is wait and see, and invest wisely if we feel bold enough.

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