Daily Investment Interpretations

December 14, 2010

2010-12-14 (Tuesday Night): The markets closed up slightly again today after another dramatic last-hour sell-off, followed by a modest recovery. The NASDAQ Composite gained an anemic 2.81 points (0.11%) to 2,627.72. The Dow rose 47.98 points (0.42%) to arrive at 11,476.54, and the S&P 500 added a measly 1.13 points (0.09%) to close at a new 2010 high: 1,241.59. Oil slipped to $87.90 a barrel, and Gold ended at $1,397. The VIX again rose 0.06 to 17.61.
    Michael Ashbaugh writes Small-caps break out, Dow tests major resistance.
    Back-load spending cuts or return to crisis: Roubini   
    Central banks hold silver's fate  
    No action may speak volumes  
    Self-sustaining recovery?