Daily Investment Interpretations

June 4, 2010

2010-6-4:  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 points (-3.64%) to 2,219.17, the Dow dove 323.68 points (-3.16%) to close at 9.931.22, and the S&P 500 plunged 37.89 points (-3.44%) 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 to 35.61.
    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