[/caption]The Dow Jones Industrial Average finishes up for the month of October. That means that almost all the losses of the prior months have been regained. With 11,118.49 points the Dow Jones is not back in the range where it was trading in May 2010.
The NASDAQ Composite did not do much during the day. Volatility yes, but basically flat for the day. On a monthly basis the technology heavy index is up close to six percent.
The S&P 500 was down a bout half a point, but for the month of October it finishes up almost four percent.
Overall the stock market does not look that bad anymore. Maybe, maybe the economy is getting back on its feet. At least the economy is growing and not retracting.
Forecasts from companies overall look more optimistic. Mid term elections and the Fed meeting will definitely be very interesting for the stock market.
Jim Lowell, the owner of Fidelity Investor, said: "Wednesday stocks could move 5% or 10% in either direction, depending on the voting and how the Fed speaks out."
Here is a market analysis with Jim Lowell
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