Money can definitely be made in today's stock markets.
Consider the Dow Jone Industrial Average (Ticker: .DJI) and the S & P 500 index (Ticker: .INX). Both of these indices are considered to be representative of the "stock market." The Dow is an index of 30 significant stocks traded on the NYSE and the Nasdaq and includes companies like General Electric, Disney, Exxon and Microsoft. The S & P 500 index contains 500 stocks chosen for market size, liquidity and industry grouping, among other factors.
When I look at these indices and American business in general, I see great opportunity for recovery and growth. Before the financial crash the Dow was trading above 13,500 (it is currently around 10,100) and the S & P 500 was trading above 1,500 (it is currently around 1,075.) To return to pre-crash levels, the Dow would need to gain 33% and the S & P 500 would need to gain 39%.
Looking at 1 year charts of these indicies, the Dow is up 15% and the S & P 500 is up 14%. (I use Google Finance for my figures.)
In general though, I feel that there are great opportunities to make money in stocks. Many stocks have been undervalued by the news on Greece's debt crisis. Additionally, we can expect stocks to recover as more and more people start getting back into the markets. After all, stocks prices are a result of simple supply and demand. However, there are countless factors that can affect a stock's price.