Daily Investment Interpretations

December 16, 2010

2010-12-16 (Thursday Night): The markets made up for yesterday's losses.  The NASDAQ Composite gained 20.09 points (0.77%) to 2,637.31. The Dow rose 41.78 points (0.36%) to  11,499.25, and the S&P 500 regained 7.64 points (0.62%) to close at: 1,242.87. Oil closed at  $87.85 a barrel, and Gold ended down at $1,371. The VIX declined 0.56 to 17.38.  
    There was more domestic good news today: U.S. initial jobless claims drop 3,000, and Philly Fed manufacturing survey climbs, not that you'd realize it from reading the news. Two of the three major indices made new two-year highs today.
    Third-quarter current-account gap widens  
    Europe leaders face new crisis  
    Gold's high-wire act to continue  
    Cyclicals likely to dominate in U.S.  
    Emerging markets face inflation  
    More gains for Russia?