While companies' reports do not look so bad, the US Unemployment remains one of the major obstructions to an economical recovery. The Unemployment Rate increased to 9.9% in April. Many consider that unemployment rate will stay at this high level even with better signs of recovery. The reason is that some jobs have disappeared forever due to outsourcing.
Some analysts consider that decreasing stock prices with the drop in trading volume is a good sign from the technical point of view. So that the recent stock market correction that started from May 3 can complete in several days. Other technical indicators show a possible uptrend by the end of May.
...continue reading May 2010 Stock Investing News
Nothing in this piece or blog should be construed as investment advice in any way. Always do your own research or/and consult a qualified investment advisor. It is wise to analyze data from multiple sources and draw your own conclusions based on the soundest principles. Be aware of the risks involved in stock investments.
