Daily Investment Interpretations

July 13, 2010

2010-7-13:  The markets advanced nearly 2% today, apparently based upon promising earnings reports and guidance going forward: Earnings cheer sparks rally. The NASDAQ Composite added 43.67 points (1.99%) to finish at 2248.03. The Dow increased 146.75 points (1.44%) to close  at 10,363.02, and the S&P 500 climbed 16.59 points (1.54%) to end at 1,095.34. Oil rose to $77.16 a barrel, while Gold ended at $1,213. The VIX fell 0.44 to 24.54.     
    My investment advisory service gave a "buy" signal today based upon the indicators in their model.
    Here are two other articles dealing with gold: Gold rebounds on Portugal's downgrade, and The gold stock the smart money is buying.