Stock Market Report - Proceed With Caution
October 5, 2009 by Hot Stocks To Buy · Leave a Comment
Investors are getting extremely cautious as the stock market has not looked great the past two weeks. The Nasdaq, Dow and S&P 500 have all declined during the last two weeks of trading. This recent stock market dip the last couple of weeks is actually welcomed news as the market was way over heated and needed to pullback a little to build up momentum for the next leg up.
The next few weeks is going to be a true test as earnings are scheduled to be released. We should see some positive reports as the second quarter of 2009 improved vastly from the previous quarters.
In addition to the earnings reports scheduled in the coming weeks, investors continue to eye the jobs report. Even though job losses are slowing down, the market would like to see some gains in jobs in the coming quarters.
If you have money in the stock market, keep a close eye on earnings report and the jobs number in the coming weeks. These two events should shape the way the stock market performs.
We wish you luck on your investments and as always do your own research prior to purchasing or selling a stock. We make recommendations based on our own research and this site is solely for the purpose of entertainment reading. Thank you for visiting Hot Stocks to Buy.
