Daily Investment Interpretations
May 31, 2011
(Tuesday Night): The markets
rose again today, rupturing resistance levels. The NASDAQ Composite
to close at 2,835.30. The Dow jumped 128.21
at 12,569.79, while the S&P 500 posted a
gain of 14.1
to close at 1,345.20. Oil closed essentially unchanged at $100.75; Gold
climbed to $1,538. The VIX slipped 0.53
David Weidner's column is entitled: Why no jail time for Wall Street CEOs.
Irwin Kellner observes that: ‘Soft patch’ catches economists off-guard.
Mark Hulbert provides an Update on inflation-deflation battle.
Peter Brimelow asks: Gold signaling hyperinflation-.
TopStock Portfolios has a defensive posturte regarding what's currently going on, with the expectation of further downside and a possible change in trend from bull to bear: The Newest "Trade" In Town?, Market Wrap: Risk Back On as Default Fears Recede.
Stock futures are up tonight.