Daily Investment Interpretations

August 13, 2008

2008-8-13:  Crude oil pushed a bit higher today to $116 for no particularly compelling reasons known to me. The indices fell a bit further. The Nasdaq fell 2 points to 2,428.62. The Dow 109.51 points to 11,532.. The S&P 500 relinquished 3.76 points to close at 1,285.8. The VIX ended the day at 21.56. The news continues to be uniformly bad. Still, it wasn't a terribly eventful day.