Hi everyone! Here we are at the first week of April 2009. Now, we can reflect on March as a good month for the market for being able to recover its losses from the first two months of the year.

The test will now begin with the companies' first quarterly reports coming out and on what it will show. In my previous post I wrote the the news has a direct effect on the market. In the beginning of the year and up to now the stock market movements can be said as a industrial domino effect on each other, but now that there's a recovery (although not yet a trend), investors look deeper into the companies their trading and look closely on what really happening.

A good example is like today (March 2, Thursday) the financial stocks were mixed during the day but ended with mostly gains. COF (Capital One Financial) and JPM (JP Morgan) had trades lower than their opening prices while C (Citigroup) and BAC (Bank of America) traded above their open prices for most of the day. As I said, all ended with green figures and that's a good sign if it keeps up.

Of course don't forget to check the charts, because even though the news are good, if there's a down trend in then charts then you must think twice and be really careful on your next move.

I hope this helps! :) Cheers to all of us and more gains on our trades!