Thursday NYSE opening down

More doom and gloom. It might feel repetitive but the global stock market is on a sidelong wiggle and while wednessday saw a slight gain for Dow Jones, Thursday opens with a drop.

For the adventurous daytrader there is money to be made but on a larger a larger scale the prolonged lack of momentum is a sign of further setbacks looming in the shadows – of every market. Get ready for more accentuated shifts.

The highlighted American auto industry are struggling but European and Japanese brands are also bleeding. Additionally, the focus on automakers creates a smokescreen behind which the even bigger wheels of the global economic machinery are faltering.

2009 will be a very difficult year. Invest accordingly.

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  5. Dow 2009 A great stock trading year
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