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7
May



The stock market open today is going to be very interesting after the roller coaster ride yesterday. ?Dow future and NASDAQ futures are pointing towards a high open on May 7, 2010 but anyone who follows the market knows that just because the futures are up it does not mean stocks will stay higher in morning trading.


After a 998 point drop at one time yesterday there are many investors who are fearful of the current market. ?The Greece debt crisis has caused many Americans to think twice about their investment portfolio. ?Over the next few weeks it will be very interesting to see how global stock markets react.

With the idea of a Greece bailout firmly in the mind of many global investors it may be the case that some of these investors hedge their investments with commodities or other investment vehicles. ?Yesterday we saw the price of gold accelerate much high which proves that some investors adjusted their portfolios.

A move much lower today to close the week could do great harm to market psychology. ?This Friday the overall stock market needs to show some strength to prove to investors that there is still upside potential in United States equities.

Author: Alan Lake



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Category : Real Estate Investing News

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