Daily Investment Interpretations
April 15, 2010
markets eked out uneven gains today.
The NASDAQ Composite added 10.03
to close at 2,515.69, the Dow sidled up 21.46
to 11,144.57, and
the S&P 500 added
a meager 1.02
to close at 1,211.67. Oil moved down slightly to $85.23 a barrel,
while Gold ended at $1,159.
The VIX rose a trifle to
The markets fell this morning after am unexpected rise in the unemployment rate, but this may have arisen because of the Easter holiday: Jobless claims up in second straight increase.
Peter Brimelow observes that Sound advice was sound. ("Sound Advice" is the name of an investment advisory firm.)
Kevin Marder advises: Ignore the technical market at your peril.
Tracking the VIX suggests that the behavior of the VIX (Volatility Index) isn't typical of a market top.
Market futures are down significantly tonight (0.33%) Google and Advanced Micro Devices have disappointed: Google tumbles; AMD falls after reports.
Two other interesting news releases are A new order of the ages?, and Can Republicans remain the Party of 'No'? (video)..