Daily Investment Interpretations

May 3, 2011

2011-5-3 (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 points (-0.78%) 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 points (-0.34%) 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.