Daily Investment Interpretations

August 10, 2009

2009-8-10:  The indices backed away modestly today. The NASDAQ Composite fell 8.01 points (-0.4%) to close at 1,992.04, the Dow shrank 32.12 points (-0.34%) to close at 9,337.95 and the S&P 500 dropped 3.38 points (-.33%) to end at 1,007.18. Oil closed up slightly at $70.93 a barrel, while gold doffed $13 again to end at $947. The VIX ended the day up at 24.99. 
    Meanwhile, Peter Brimelow writes: Aden sisters stick with stocks for short term, and elsewhere, Dow Theory sending buy signals.