Disappointing January Injects More Gloom for Investors

Investors are said to be in for quite a rocky year, thanks to January being the bellwether month on Wall Street. The stock indexes ended up finishing for the worse ever January thanks to a shocking broad slide that happened last Friday. The five hundred strong stock index of Standard and Poor even went down by two point twenty eight percent for this day and around eight point fifty seven percent lower this month due to many signs of distress that piled up in the economy as of late.

Bad Ending amidst High Investor Hopes

The investors had begun the year of 2009 with much high hope that the worst had already passed. Unfortunately, they ended the month of January with even more concerns about how the entire country would be able to pull itself out of this thirteen month long recession. Randy Frederick reports that so many investors are at the moment quite paralyzed by these dismal figures.
 Randy Frederick is the director of Derivatives over at Charles Schwab. He mentions that a lot of investors are quite stunned and are left without any knowledge about what to do. Basically, everyone involved in the matter is just sitting around and waiting for things to happen. At the moment, it is quite impossible to have some sort of idea where the entire market will be headed. The best approach is to take it one day at a time.

Consumer Sectors All Going Down, One by One

Last Friday's reports showed that the down signal was all around every sector. Lead racer into this downward spiral which nobody wants to be on would be the consumer sector. In this sector, specifics point at companies that are in charge of making basic materials such as chemicals, plastics, steel and mining products. The shares of Procter and Gamble which is the maker of consumer products had fallen down six point four percent to total at fifty four point fifty dollar per share. This was also after they had made their efforts to cut the earnings outlook for the year 2009. The industrial average of the Dow Jones had fallen down to one hundred and forty eight point fifteen points or around one point eighty two percent and finally resting to eight thousand point eighty six.

The five hundred stock index of Standard and Poor shows that there is a drop in nineteen point twenty six points or around two point twenty eight percent to rest at eight hundred and twenty five point eighty eight. The composite index of the Nasdaq shows that there is a decline of thirty one point forty two points or around two point zero eight percent to rest at one thousand four hundred and seventy six point forty two. The entire year showed that the industrial average of the Dow Hones is down by eight point eight four percent and at the same time the composite index of the Nasdaq has gone lower by around six point thirty eight percent.