Futures Look Ugly

On the eve of Barack Obama's historic inauguration, Dow Jones futures point lower 102 points. As I did some research, I discovered that the stock market has been down on the day of an inauguration 12 out of 16 times.

Hopefully Obama can spur some positive sentiment in the market with his powerful speeches and promises about the economy. For the longer term, consider putting money in companies involved with construction and infrastructure. Alternative energy looks attractive as well but hold off on buying until oil shows signs of recovery.

Can't wait for the inauguration address tomorrow, I'll probably miss class to watch.

Source for the inauguration data: http://static.seekingalpha.com/uploads/2009/1/19/saupload_dowinaug2.jpg