Daily Investment Interpretations

December 15, 2009

2009-12-15: All three indices fell today. Yesterday's uplift has seen no follow-through. The NASDAQ Composite slipped back`11.05 points, (-0.5%) to end at 2,201.05, the Dow parted with 49.05 points (-0.47%) to close at 10,452.00, and the S&P 500 gave back 6.18 points (-0.55%) to 1,107.93. Oil was unchanged at $70.79 a barrel, while gold fell slightly to $1,123. The VIX rose 0.34 to 21.49.  
    Today's retrenchment is ascribed to rising credit card defaults and a compromised lending environment.
    Michael Ashbaugh writes: Technical Indicator: Is S&P set for breakout?

    Mark Hulbert offers, Adviser remains bearish on Treasury bonds.
   
Stock market futures are flat tonight.