Daily Investment Interpretations
June 4, 2010
Stocks fell precipitously today on a disappointing jobs report: Bears burn up the market,
and new worries about the Eurozone:.Hungarian economy said to be in 'grave' shape
The NASDAQ Composite shed 83.86
to 2,219.17, the Dow dove 323.68
to close at 9.931.22,
and the S&P 500 plunged
to end at 1,064.94.
Oil fell $3.53,
to $71.08 a barrel, while Gold rose $9
to $1,219. The VIX added 6.17
The markets are still trading within their range. They still haven't broken below their May 26th lows.
Mark Hulbert writes: Insiders cast a key vote of confidence