Haiti's Calamity and the Market

Originally when I intended on creating this post as we wrapped up a week of light distribution in the market as the indexes were testing it's current support value - I did not really have an idea on how to explain what I really felt about the overall market as a whole and its direction.

Then...the world was awakened with the horrible news that Haiti had just gone through a 7.0 registered earthquake.  Soon after, the outflow of horrible tragedy and loss was all over the news...

Initially, I thought the market would surely react negatively to the news of this NATURAL DISASTER once the market reopens for business on Tuesday, January 19, 2010.  And in a way it did...we ended the week in distribution and the BRIC stocks ended the week down as the indexes also shed some weight.

As I sit here and type this - I have the audio of the news playing in the background...and beyond the grief and pain that is being reported on the news...I also hear from that same awful news, the generosity of the American People and the IMMEDIATE outflow of support coming from around the world.  The immediate reaction of the public to the need of the island nation is something to really be in awe of when trying to understand the human condition and the compassion that we can have for one another. 

Regardless of which side of the fence we may live when it comes to politics, among other things - one thing is for sure...those people need our help and IT IS THE RIGHT THING TO DO.

Now...what does this all have to do with trying to make money in in the market, you ask?  I am still not so sure...but one thing is for sure - I am reminded of the GENEROUS GOODWILL of the most prosperous and GENEROUS nation, the United States of America, and its people in their much needed aid to the country and people of Haiti.

My outlook tell me that this calamity can only become a starting point for many opportunities to occur if the players are willing to make it happen.  Can it lend a hand in helping other markets related to addressing the needs currently needed in Haiti?  Only time will tell.  For the meantime - expect to get on the bull this week.
 

BD