Something about finance 1 - What the future holds!

The ceremony for the US Presidential turnover has just been completed during the week. At first, me and my friend was anticipating some stock market recovery in the same day but it never happened. That day the market went down at least 200 again and worries came knocking in the door. Nevertheless, we were hopeful that the market "will" gain something after sometime. "Just give it time" I said to my friend. Indeed it was hard not to sell your stocks when you see it falling but it's harder to see the stock you just SOLD when its goes up just a day after you let go of yours.

In any case, as predicted by a hunch, by the end of the week, the market did make some recovery, instead of going to the red zone's 3 digit losses, the Friday (January 23) was ended by a -45.24 for DJ and a +11.80 for NASDAQ. For some reason Google got back at least +40 points in the past 2 days.

We all know that the market is a very unpredictable one and so we should all be careful in our trades. We also know that there are certain factors that affect the market, specifically on the company we are investing and generally on the current economy of that country.

For now lets all hope that the following weeks and months would be really a recovery phase with the leadership of the new US President.

God Bless us all! Cheers!

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cahloy.com said...

hello paolo, congrats sa bago mong blog! :-)

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