Daily Investment Interpretations
June 2, 2011
(Thursday Night): The
markets closed flat today: Technical
Talk: Bulls Clinging to Line In Sand, Market
Wrap: Waiting On The Jobs Report. The NASDAQ Composite gained
to 2,773.31. The Dow dipped 41.59
at 12,248.55, while the S&P 500 posted a
loss of 1.61
to end at 1,312.94. Oil closed up a tad at $100.64.; Gold
fell back to $1,534. The VIX leaped 0.21
Every indication points toward a flagging economy. '...And Then They Matter A Lot'. Of course, not everyone thinks that the sun is setting in the west: Dow 20,000, here we come. The author lists 10 cogent reasons why the markets are primed to rise.
Market futures are slightly lower tonight.