Daily Investment Interpretations

October 22, 2009

2009-10-22:  The dip buyers are back--or so it would seem, since the markets have risen substantially today. The NASDAQ Composite rose 14.56 points, (0.68%) to end at 2,165.29, the Dow jumped 131.95 points (1.33%) to finish at 10,081.31, and the S&P 500 climbed 11.51 points (1.06%) to 1,092.91. Oil hit a new high at $81.30 a barrel, while gold fell to $1,059. The VIX dropped 1.53 to 20.69.
    If that was a pullback, it was short one. Stock market futures are up tonight.
    The S&P 500 is 7 points below the 1,100 mark.