Well last week was admittedly a real big flop on blogging due to feeling illness. This put my ordinary writing on this blog back to the stone age which didn't help my normal readers stay informed about stock markets and business. Today my readers here I am going to do a lot of market analysis giving you the necessary details for my predictions for the beginning of this week. Yes, there is a lot of new trends in the market for this for this week and month that I you want to know. The first thing I want everyone to know about there's a market downswing last week is that its a short term trend. Today is Monday it's 12:15 p.m you're seeing a total reversal in the markets from last week with certain gains being posted on technology sector. Looking at current underpinnings popular stocks show more volatility due to economic worries which is driving everything earlier this week week. As this week goes on you will see greater market stability happen as more technology companies get there stock earnings reports that will bring some good news . First quarter earnings reports for major companies in America shows a mild increase and overall better profitability than last year. Year 2014 earnings reports where a disaster for corporate America with major companies losing big on the Dow Jones combined with being clobbered by weakening of the Dollar. You add a larger problem with cheap imports from China and Malaysia etc this drove American business to a all time low in corporate earnings. This year so far is significantly different with more important upside to smile about in American business. You see it in every sector of business posting growth that is above the neckline on all available current data which certainly is good news for bankers,investors and CEO of major companies. I think your going to see more volume in the major markets because the economy is getting better this year. Yes, your going see continued volatile data make investors and business running away temporarily from investing. This is a shorter trend because the factor that drives this is the banks and the Federal Reserve. Let's face it last year credit was scarce to obtain and banks weren't into lending for new business start ups in year 2014. Totally different this year most businesses are making a profit and corporate overhead is down making a better favorable climate for business. So the current direction we are heading American business and the Dow Jones will definitely profit more this month on the short term. The long haul is not written yet so we will have to see what happens with big business in the third quarter this year.
Have a Great Day.
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