Stocks are Weak in June 2011

The Wall Street is currently facing data-heavy schedule because of the forecasted instability to a financial market filled with investors that are worried about the losses from the previous months. The U.S. government announced its close watch on the retail sales report for the month of May and the inflation data of the consumers. It is only two out of twelve reports they have to work on closely. Based on the statements of the portfolio managers, the data are very essential especially for the U.S. economic recovery is at risk, although, there are economic drivers that are pushing the market up. The inflation will be closely monitored as the oil maintains its $100 per barrel and other products like corn and copper have the near-record highs. There will be a forecast of low economic growth and high inflation rate if the stocks get nastier. At the start of May 2011, the economic reports are disappointing, as The Dow and S&P dropped at it six weeks in a row and negative for Nasdaq this year. Both investors and financial experts are scared of this drop in stocks, though, they have been informed about it in the past few months, but is no longer functional, based on the economic reports, this coming quarter, the financial output on the terms of Best Buy or BBY, Fortune 500 and Supermarket Kroger or KR, Fortune 500 and Research in Motion or RIMM. Investors are taking measures on it and will obtain the retail sales report of the Labor Department and Commerce Department's price index or the manufacturer inflation.  The prediction of some economic experts on retail sales in May dropped by 0.7% as compared to the 0.5% increase in April, this is based on the report of Briefing.com. The manufacturer price index in May is forecasted to have increased 0.1% against April's 0.8%. According to the survey of Thomson Reuters, the Best of the Consumer electronic retailer, the first quarter of the financial year before the market open, Best Buy have gained 33% of its market share.