The last couple of weeks have been a roller coaster ride for stocks. The
markets pendulum has swung to significant lows but also made attempts to rebound
and swing back to correct. The recent credit downgrade for the U.S. has not been
catastrophic up to this point, but it has led to further speculation that the
U.S. economy is degrading. The downgrade led to significant stock sell offs on
Monday of last week. The Dow lost over 600 points that day. Corrections occurred
throughout the week and the volatility ended in only moderate losses for the
primary index composites. The Dow ended the last trading session in the green as
did the Nasdaq and the S&P 500. All three were red for the week however. The up
and down trends of the primary stock indices has been exhausting for investors
on Wall Street and the uncertainty in the marketplace is causing havoc for the
bottom lines of many companies. One company that maintained a positive close
value Friday was Netflix Inc. NFLX closed out the session in the green by .36
percent at 244.00. Previous close for Netflix was 243.13 with the 52 week high
being 304.79 and the 52 week low being 119.65 according to MSN money stock
quotes. Frank Matto
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