Daily Investment Interpretations

April 14, 2011

2011-4-14 (Thursday Night): After plunging on bad news this morning, Stocks waver after jobs data, earnings caution, U.S. wholesale prices rise 0.7% in March, the markets ended about where they started: Stocks get late-day lift, Stocks close flat as oil rises again. The NASDAQ Composite slipped 1.3 points (-0.05%) to 2,760.22. The Dow rose 14.16 points (0.12%) to close at 12,285.15, while the S&P 500 gained 0.11 points (0.01%) to close at: 1,314.52. Oil rose to $108.46, while Gold jumped to $1,475 The VIX fell 0.65 to  16.27.  
    Meanwhile, the news is lightening up: Detrick: market at plateau, not at edge of cliff, And stock prices are resilient: Stocks claw way back to positive territory. TopStock Portfolios' David Moenning wrote this morning: The Wait Is Almost Over.
    Stock futures are flat tonight.