Daily Investment Interpretations
December 5, 2011
(Monday Night): The
markets resumed moving up today: Markets
still rate a rally, and Stocks
Gain On Optimism Surrounding Merkozy Agreement. The NASDAQ Composite
gained another 28.83
to close at 2,655.76. The Dow advanced 78.41
the S&P 500 rose 12.8 points
to settle at 1,257.08. Oil adjusted to 100.60: gold fell to 1,725.
The VIX crept upward 0.32
points to 27.84.
The markets were off to the races today until S&P threatened to downgrade the credit ratings of all the European countries including France and Germany: S&P To Place All Eurozone Countries on Creditwatch Negative.
Two small notes of domestic discord were the announcements that Factory orders fall 0.4% in October, Trade data to point to continued difficulties, and Services growth slumps.
Concerning news surrounding the Fed: Fed's Evans says 'liquidity trap' demands action and Bernanke: Let's be perfectly clear.
How's the water? This article recommends water-related ETFs to capitalize on the anticipated "water wars".
Europe’s critical summit this week
Marsh on Monday- Bet on Europe's new leaders
Italy's government approves austerity plan
Here are two opposing investment advisory articles: Risk doesn't pay and Fall melt-up is back in play.
State of the Markets articles include:
Technical Talk: Bulls Say It's Over But Charts Say
Team Merkozy Agrees To Present New EU Treaty
Can We Go It Alone?
U.S. Factory Orders Fall -0.4% in October
ISM Non-Manufacturing Index Pulls Back in November
A Big Week In Europe Begins; Here's The Latest on Plans To Resolve the Crisis
Eurozone Services PMI Show Contraction Continues
Italy's Monti To Present New Austerity and Tax Measures
Market futures are slightly negative tonight.