Daily Investment Interpretations
June 2, 2010
Stocks jumped more than 2% today.
The NASDAQ Composite galloped 58.74
points uphill (2.64%)
to 2,281.07, the Dow rose 225.52
to close at 10,249.54,
and the S&P 500 annexed
to end at 1,098.38.
Oil fell $0.85, closing at
a barrel, while Gold fell $1 to $1,227. The VIX
My investment advisory service is, of course, maintaining its "sell" signal. The S&P 500 penetrated its first lie of resistance at 1090, but still faces its next line of resistance at 1,105.
Mark Hulbert presents the Outlook for the 10-year Treasury yield.
The 'mac daddy' of economic indicators identifies those economic indicators that have predictive power for the equity markets.
Stock market futures are up modestly tonight.