April 21, 2009
Today, the market indices rose something like 2%, presumably as investors
bought on the dip. The NASDAQ
tacked on 35.64
to end the day at 1,644;
to close at 7,990;
and the S&P 500 advanced 17.69
points (2.13%) to 850.
Oil added $0.63
to $46.51, while gold fell $4.80
to finish at $882.70. The VIX dropped to 37.14.
Today was "turnaround Tuesday". We'll have to
see where the market goes tomorrow.
S&P reaches a crossroads, writes Michael Ashbaugh.
Why Dow 8,000 could be short cue
Who stole the
Op-Ed: A Greater Depression - or an Even Greater
The news is now switching from bullish to bearish.