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Wednesday, April 29, 2009

Navigating the Next 100 Days... What do You Think?

All the talk today has been about the first 100 days of the Obama administration... To sum up the first 100 days: we are down 1.14% on the Dow, up 2.77% on the S&P 500, up 11.93% on the NASDAQ, we've passed the largest stimulus bill in the history of the U.S., that has yet to convince many economists that it will stimulate anything, and GDP and unemployment have hit their highest levels in years. However since January 20, 2009 we have formed a clear V bottoming pattern on the major indices, convincing many that the worst is behind us. But enough about the first 100 days... We should be worrying about the next 100 days! Below is a chart of the 3 major indices for the first 100 days (click to enlarge).

This post is to seek the comments and thoughts of others. My question to you is: After seeing the first 100 days, what do you think the next 100 days will bring us? The 200th day is August 7th, 2009.

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D. Graham said...

More misery or sideways move at best...Nice blog

Anonymous said...

hope the worst is over...good point

August said...

I suspect a full economic recovery will be slow in coming.

And I think the economy will be changed by this "crisis". The way the market acts may be subtly shifted by investors stung by recent history.

I also think that politicians will, as always, use this crisis to meet political ends. Possibly including war.

But to be honest, I wish I knew more and could give an answer based on experience/wisdom/knowledge. I have little of any of these regarding the stock market.

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