Daily Investment Interpretations

May 25, 2011

2011-5-25 (Wednesday Night): The markets rose somewhat today. (They were oversold short-term.) The NASDAQ Composite rose 15.22 points (1.58%)0.55%) to close at 2,761.38. The Dow gained 38.45 points (0.31%) to close at 12,394.66, while the S&P 500 added 4.19 points (0.32%) to close at 1,320.47. Oil popped to $101.82; Gold ended up at $1,528. The VIX fell another 0.75 to 17.07.   
    At least one TopStock Portfolio expert expects to see further weakness in the stock market indices: Market Wrap: Stocks Snap Losing Streak on Window Dressing.
    Michael Ashbaugh adds: S&P 500 survives test of major support.
    In What the insiders are telling us about stocks, Mark Hulbert notes that corporate insiders consider the current doldrums as part of a correction in an ongoing bull market. I would add that the markets haven't pulled back much in the face of quite a bit of bad news.
    Market futures are flat tonight.