Daily Investment Interpretations

October 15, 2009


2009-10-15:  Today was yet another up day for the markets.
T
he NASDAQ Composite sidled up 1.06 points, (0.05%) to end at
2,173.29, the Dow gained 47.08 points (0.47%) to finish at 10,062.94, and the S&P 500 flitted up 4.54 points (0.42%) to 1,096.96. Oil ended up at $77.93 a barrel, while gold fell $14 to $1,051. The VIX fell 0.13 to 22.86.
    The futures markets are up slightly tonight, with Google and IBM earnings coming in above expectations. The markets are reaching the point at which a pullback might be in order. Of course, the markets generally don't do what the majority expects them to do.
    Here are a few articles from today's selection,
Callaway: Wake me when we're back at 14,000
Weidner on investors' lost decade
Housing may yet be in for a double dip