Daily Investment Interpretations
April 11, 2011
(Monday Night): Today, the
markets went down because they wanted to. The NASDAQ Composite
to 2,771.51. The Dow gained 1.06
to close at 12,381.11, while the S&P 500 lost 3.71
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.