Daily Investment Interpretations

December 11, 2009

2009-12-11: The Dow and the S&P 500 rose today, while the NASDAQ Composite closed minutely lower. The NASDAQ Composite slipped`0.55 points, (-0.03%) to end at 2,190.31, the Dow hopped 65.67 points (0.63%) to close at 10,471.50, and the S&P 500 annexed 4.06 points (0.37%) to 1,106.41. Oil closed at $69.87 a barrel, while gold fell to close at $1,120. The VIX dropped 0.73 to 21.59.  
    There isn't much commentary tonight (Friday night). However, the Santa Claus rally that runs the last seven trading days for the year averages something like 1.4% gains (15 points on the S&P 500). But that's an average, and the last seven days trading can see a loss.
    The hiring outlook is improving: Positive turn for the job market 
     Gold shows it has more surprises in store.