Market news

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This hasnt been a great week for the Market. Ten out of a whopping ten sectors closed this week in the negatives. This was followed by Industrial companies, Materials and of course Financials.

Though the one company which was hit the hardest was AIG, which is down by 37.50% for the week.

This is only the first week of the second half of the 2009 year. Nearly all major US indices finished it off in the red. Though not all were in the red come the weeks end.

The NASDAQ Composite is up from its March low. The NASDAQ is up 41.61%. S&P are also up 32.50% with a Dow gain of 26.48%, so not everything is bad.

We are still on a serious rollercoaster when it comes to the stock market. Though as usual we are all doing our best to keep our eyes on it. Hopefully very soon there will be a turn around and things will start looking brighter again.

Til that time comes, all we can do is just the very best we can and hope that there is a turn around for the market so that we all might start breathing a little easier at night.