Daily Investment Interpretations
October 12, 2010
(Tuesday Night): The
markets rose somewhat today. The NASDAQ Composite verniered
to 2,417.92. The Dow minced up 10.06
at 11,020.40, and the S&P 500
to end at 1,169.77. Oil closed at $81.74 a barrel,
while Gold ended at $1,351. The VIX exited the day
essentially unchanged at 18.93.
These article-titles are pretty well self-explanatory.
Outrage over Capitol Hill insider trading
Wall Street pay on pace to hit record
Pay on Wall Street knows no boundaries
Bond market more worried about inflation than Fed
Next stop: Dow 10,000 (audio)
Uptrend intact, price action gets technical
Fed signals easing ahead
Fed may act until 10-year yield hits 2%
Stock market futures are up a bit tonight. On the other hand, the markets have rolled over as though they were forming a (temporary) top.