Fear of a global slowdown have taken hold of the marketplace once again. Stock
futures were positive this morning and stocks got off to a much better start
this morning, just one day after the major index composites fell off
significantly. It was a better start and economic news that posted after was
just as positive. The jobs data, along with the newly lowered unemployment rate,
helped to boost investor confidence and morale. It was a much needed reprieve
from the trend of negatively skewed economic posts that had been piling up. It
was short lived however. The weight of the global economy was to heavy to hold
and the major composites in the United States dropped below breakeven once
again. Then, just as quickly, jumped back above breakeven. It has been a
volatile day in the market. Just after the halfway point in the trading session
today, the DJIA, Nasdaq and S&P 500 were mixed. The DJIA was green by 1.20
percent at 11,520.37. The Nasdaq was red by .56 percent at 2,542.81 and the S&P
500 was green b .24 percent at 1,202.98. Individual companies are feeling the
volatility as well. Home Depot stock is currently posting red according to MSN
money stock quotes. HD is lower on the day by 1.58 percent at 31.20. The
volatility is applying negative pressure to stock values. Frank Matto
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