Daily Investment Interpretations

May 9, 2011

2011-5-9 (Monday Night): The markets closed up again today. The NASDAQ Composite gained 15.89 points (0.55%) to close at 2,843.25. The Dow advanced 45.94 points (0.36%) to close at 12,684.68, while the S&P 500 added 6.09 points (0.45%) to close at: 1,346.09. Oil ended at $100.90; Gold rose to $1,509. The VIX fell 1.24 to 17.16. 
    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.