Daily Investment Interpretations
February 3, 2010
The markets were mixed today.. The NASDAQ Composite rose 0.85
to close at 2,190.91, the Dow dropped 26.3
close at 10,270.55, and
the S&P 500 lost
to close down at 1,097.28. Oil was little-changed at $76.83 a barrel.
Gold ended at $1,112.
The VIX climbed 0.12 to
Why did the markets pause today? U.S. stocks snap win-streak as health shares drop, Planned layoffs rise for first time since July, and Wall Street counting down to Friday's jobs report.
Todd Harrison is sticking by his guns that a day of reckoning is still coming: Welcome to the politics of policy.
My investment service is still awaiting a decisive break above resistance levels before re-committing to putting money back (long) into the stock market.
Stock market futures are neutral again tonight.