Daily Investment Interpretations

April 21, 2009

2009-4-21:   Today, the market indices rose something like 2%, presumably as investors bought on the dip. The NASDAQ tacked on 35.64 points (2.22%) to end the day at 1,644; the Dow gained 127.83 points (1.63%) 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 recovery?
    Op-Ed: A Greater Depression - or an Even Greater Generation?
    The news is now switching from bullish to bearish.