Daily Investment Interpretations

December 23, 2009

2009-12-23: The Nasdaq Composite and the S&P 500 once again established new highs for  the year, though not by much. The NASDAQ Composite crept up 6 points, (0.27%) to close at 2,258.67, the Dow rose 11.57 points (-0.11%) to close at 10,453.36, and the S&P 500 eased upward 2.57 points (0.23%) to 1,120.59. Oil climbed to $77.25 a barrel. Gold dropped $8 to $1,095. Yesterday, the VIX slipped 0.95 to 19.54. It was unavailable today.  
    Tomorrow will probably be a quiet half-day, before everyone slips away for the holiday.
    The news right now is good, but then, it's always good when the market's rising..
    The five articles below might be of interest.
    A calmer market in store for 2010  
    Value Line legend Sam Eisenstadt tips 20% stock rise next year 
    Robert P. Murphy: Don't get delusional about deflation  
    Gold sentiment picture rapidly improving  
    Weidner on the ghost of Wall Street future