Daily Investment Interpretations

March 29, 2011

2011-3-30 (Wednesday Night): The markets reached new two-year highs: Dow soars to 6-week high. The NASDAQ Composite added 19.9 points (0.72%) to 2,776.79. The Dow gained 71.6 points (0.58%) to close at 12,350.61, while the S&P 500 advanced 8.82 points (-0.67%) to close at: 1,328.26. Oil ended the day at $104.62 a barrel, while Gold closed at $1,427. The VIX was unchanged at to 17.71
    The chart below shows how the recovery is coming:

The markets are due for a consolidation soon. Market futures are down slightly tonight.
    Obama outlines oil plan.
    Rex Nutting writes, On inflation, donít believe your eyes.