Photo taken in Buffalo on the harbor over Labor Day Weekend 2009

Sunday, November 29, 2009

Business and December Stock Predictions

Preface: One of my goals in using a real blog instead of Facebook notes is to blog more often and about better/more practical and relevant things. So here goes...

Here is a link to a Business Week Article which I found interesting (read it before going on). http://www.businessweek.com/investor/content/nov2009/pi20091127_835710.htm

I think stocks will definitely keep their gains of 2009 through December for a simple reason: December is generally a good month for Wall St because of holiday excitement, cheer, and most importantly shopping. Black Friday is aptly named and positive effect it has on businesses' bottom lines shows throughout December in the stock market. I think that 2009 is going to include important growth for the US economy which was necessary after the dismal third/fourth quarters of 2008.

It's especially good to see this as someone who is going to be looking for a job in the business world in a few short years. Positive news for the US economy positively affects everyone and I think we should all take time for some post-thanksgiving giving of thanks for an improved economy in 2009.

Happy trading ;)

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