Daily Investment Interpretations

February 8, 2011

2011-2-8 (Tuesday) The markets have closed up for the seventh day in a row. The NASDAQ Composite added another 13.06 points (0.47%) to 2,797.85. The Dow gained 71.52 points (0.59%) to end at 12,233.15, while the S&P 500 advanced 5.52 points (0.42%) to close at: 1,324.57. Oil closed down a little more at $87.43 a barrel , while Gold ended at $1,363. The VIX rose 0.47  to 15.81.
  
  Stock market futures are down a bit tonight. If we do get a market pullback, it might afford a timely opportunity to invest in a 2X mid-cap index ETF like MVV: Midcap stocks rally above 2007 high. TopStock Portfolios' David Manning is summing up the current market situation this way: The Trade - 2011. The bulls are stampeding, and there don't appear to be obvious obstacles to this mass movement over the next few weeks: S&P 500 breaks from major resistance.