Daily Investment Interpretations
September 29, 2010
2010-9-29
(Wednesday Night): The
markets closed a tad lower today. The NASDAQ Composite subtracted 3.03
points (-0.13%)
to 2,376.56 The Dow dropped 22.86
points (-0.21%)
to close at 10,835.28,
and the S&P 500 dipped 2.97
points (-0.26%)
to end at 1,144.73. Oil ended at $77.83 a barrel,
while Gold closed at $1,309. The VIX rose 0.65
to 23.25.
Michael notes that Major
U.S. benchmarks hold the range top. Stocks are trading in a new range , but
it's above the old trading range.
Todd Harrison warns, Market
vets put mouth where money is, that the stock market will fall before the
end of the year... at least, I think that's what he's saying (like the
"widow's peak" that was imminent in June, 2009, but that actually
arrived in April, 2010?) And he's reminding you that he foretold all this long
ago... at least, that's what I think he's saying.
I'll have to add synopses of the following articles in the
morning. Amber has been with us all day, and I've run out of time.
September
has defied the odds in a big way
Bank
of Japan likely to ease further
Protests
sweep Europe
Skepticism
greets tougher EU budget plan
America’s
choice: Hypocrites or cowards
America
on the brink of a Second Revolution