Daily Investment Interpretations
December 28, 2009
After falling most of the day, the indices began climbing during the
last two hours of trading. The NASDAQ Composite crept up 5.39
points, (0.24%) to
close at 2,291.08,
the Dow rose 26.98
close at 10,547.08,
and the S&P 500 eased
to 1,127.78. Oil climbed to $78.71 a barrel. Gold climbed
The VIX rose 0.45
The dollar fell today, which probably helped boost the markets. Otherwise, I don't see anything of any consequence in the news. The market has been up now for six days in a row, so a "down day" wouldn't be surprising.
Here's one intriguing article: Room for the rally to run?.