Daily Investment Interpretations
May 3, 2011
(Tuesday Night): After yesterday's
retreat, the major indices dipped a little further today, presumably digesting
the galloping gains they registered while I was incomunicado. The
NASDAQ Composite sld 22.46
at 2,841.62. The Dow squeegeed up 0.15
points (0.0%) to
close at 12,807.51, while the S&P 500 fell 4.6
to close at: 1,356.62. Oil dropped a little to $110.69; Gold
fell back to $1,533. The VIX was unchanged at 16.70.
The rest of this will have to come in the morning.