Daily Investment Interpretations

July 28, 2009

2009-7-28:  Today, the last-minute scramble to buy stocks didn't take place.
     
   The NASDAQ Composite rose 7.62 points (0.39%) to 1,975.51, the Dow dropped 11.79 points (-0.13%) to close at 9,096.72, and the S&P 500 lost 2.56 points (-0.26%) to end at 979.62 ... 20 points shy of 1,000. Oil ended the day down at $66.73 a barrel, while gold dropped to $942. The VIX climbed 0.73 to 25.01.
   
Michael Ashbaugh: Technical Indicator: Bullish longer-term view
    My technical advisory service advises: Stay the course.