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Marco is a trader of stocks, options, currencies, and futures. He has been fascinated with the financial markets ever since he bought his first stock at 11 years old. Marco entered the business world at the age of 13, with the creation of an extremely successful retail website... More
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  • Navigating the Next 100 Days... What do YOU Think? 0 comments
    Apr 29, 2009 11:39 PM

    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.

     

     

     

     

    This article 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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