Daily Investment Interpretations
April 14, 2011
(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
to 2,760.22. The Dow rose 14.16
to close at 12,285.15, while the S&P 500 gained
to close at: 1,314.52. Oil rose to $108.46, while Gold
jumped to $1,475 The VIX fell 0.65
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.