Daily Investment Interpretations
May 9, 2011
(Monday Night): The
markets closed up again today. The NASDAQ Composite
at 2,843.25. The Dow advanced 45.94
to close at 12,684.68, while the S&P 500 added
to close at: 1,346.09. Oil ended at $100.90;
Gold rose to $1,509.
The VIX fell
Peter Brimelow has written: Does dollar strength herald another crash?. Mark Hulbert warns us to Get ready for another flash crash. TopStock Portfolios says, Technical Talk: Sideways Is Good Right About Now. Another article suggests "establishing some 'shorts' for a 2 to 4 day trade". In A Lack of Conviction? , David Moenning suggests that a current fall in the stock market could be simply tied to a temporary rise in the dollar.
Market futures are flat tonight.