Online Stock Trading | The Stock Market is Lacking Leadership

The Stock Market is Lacking Leadership


Filed Under Market Commentary |

Stocks react negatively to the tune of the worse week of a presidential election.

Traders enjoyed another week of volitility as the market swung around reacting to Americans selecting Barack Obama as our next President.  Regardless of political loyality it was a horrible reaction to a new president.  Stocks simply are discounting further economic troubles with Obama in office.  Once  again, the President has very little control over economic condition, it is Congress who holds the key.  At any rate, the market was able to starve off further losses from Wednesday and Thursday’s losses.

Conditions have been better as of late, but we haven’t seen the formation of strong new leadership.  Its on its way, at the moment I do see some areas improving and they surround the medical area.  I’ll highlight these as we get going in the week.

Stay lean in your account and make sure you cut your losses.

Enjoy

MS

No Positions

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Comments

2 Responses to “The Stock Market is Lacking Leadership”

  1. The Stock Market is Lacking Leadership : Monster Stock Trader on November 10th, 2008 3:00 pm

    […] The Stock Market is Lacking Leadership Share and Enjoy: […]

  2. nathaniel chan on November 12th, 2008 8:16 pm

    Lobbyists Swarm the Treasury for a Helping of the Bailout Pie.After all, as prove in the bankster bailout deal, these folks (estimated at 40,000 in number) really have more power, pull, and outright influence to peddle than all the taxpayers in America.Unfortunately, there’s also suggestions/warnings that any ‘fundamental rethinking of capitalism’ is not on the agenda

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