Daily Investment Interpretations
September 16, 2010
After running low for most of the
day, the markets closed almost where they started.
The NASDAQ Composite wiggled up 1.93
to 2,303.25, remaining within its May-to-September trading
range. The Dow rose 22.1
at 10,594.63, and the S&P 500
wiggled down 0.41
to end at 1,124.66. Oil slid slightly to $74.46 a barrel,
while Gold hit a new high at $1,276. The VIX fell 0.38
The titles of these articles are pretty well self-explanatory.
Poverty rate highest since 1994: Census
Wary consumers rule the recovery
Exit Harry Schultz, pursued by a bear?
Goldman: Get More Defensive on U.S. Stocks
I'll reserve the continuation to last night's "Missiles of October" description for tomorrow night. ("Missiles of October" is a 1974 movie documenting the Cuban Missile Crisis.)
Stock market futures are up a bit tonight.
To Be Continued