Wednesday, May 9, 2012

Fundamentals Taking Dow Jones To Bearish Trend

For the fifth straight day, the Dow Jones Industrial Average has fell, along with European stocks due to the political uncertainty that's still looming over Greece.

The Dow Jones slipped down 76.44 points, or 0.6%, to 12932.09. Meanwhile, the Standard & Poor's 500-stock index lost 5.86 points, or 0.4%, to 1363.72; and the Nasdaq Composite rolled down to 11.49 points, or 0.4%, to 2946.27.

As the U.S. Market continues its bearish trend from the past several days, many are now thinking if it's a good time to leave the equities market and realize gains.

Fundamental analysts have become restless, specially as Greece is now on a seeming political deadlock. The Eurozone, despite German's upbeat economy is not strong enough to sustain optimistic investing.

Meanwhile, Asian markets remain undecided following recent losses in the West. Japan's Nikkei Stock Average rose by 0.7% while China's Shanghai Composite gained 0.1%.