Daily Investment Interpretations
December 24, 2008
The stock market continues to mark time, with nothing pushing it
decisively up or decisively down. Wednesday's half-day session saw a rise
in the market indices of around half a percent, with the NASDAQ
rising about 0.2%
to close at 1,525, and the Dow and S&P 500
increasing about 0.6%
to 8,468 and 868, respectively. Oil rose a little to $36
a barrel, and gold rose about $10
to $848 an ounce. The VIX fell minutely from 45 to 44.8.
This is a quiet time of year and there may not be much action before January 2nd.
Please note: 2009 ECONOMIC OUTLOOK.