Daily Investment Interpretations
March 9, 2010
markets closed up modestly today. The NASDAQ Composite gained 8.47
to close at 2,340.68, which is another new high after its
3/9/2009 low, the Dow regained 11.86
close at 10,564.38, and
the S&P 500 added 1.95
to close at 1,140.45. Oil closed up at $81.55 a barrel.
Gold dropped to $1,122.
The VIX was up (a good sign) 0.13
Among the articles today are Michael Ashnaugh's Banks face exam: Ashbaugh, Mark Hulbert: What not to learn, Paul Farrell's The rise and certain fall of the American Empire, and David Weidner's Populist politics not Wall Street's cup of tea.
Futures are neutral tonight.