Daily Investment Interpretations

April 11, 2011

2011-4-11 (Monday Night): Today, the markets went down because they wanted to. The NASDAQ Composite slid 8.91 points (-0.32%) to 2,771.51. The Dow gained 1.06 points (0.01%) to close at 12,381.11, while the S&P 500 lost 3.71 points (-0.28%) to close at: 1,324.46. Oil dropped to $108.23, while Gold fell back to $1,457 The VIX was unchanged at 16.59. 
   
The most significant news tonight is that market futures are down sharply and falling tonight: Blah day for Wall Street. It looks as though the gap at 1,319 is going to be filled in. I'm not seeing talk about a double-dip recession tonight, but surely, that's coming soon.
    I'm going to consider this a buying opportunity, although I'll wait until the market seems to heave bottomed.