Daily Investment Interpretations
July 11, 2011
(Monday Night): The
market tumbled again today: Europe fears sink Street,
Wrap: Stocks Tumble on Eurozone Fears, Is Italy the Next Big Problem for
Markets? and EU Said To Be Considering "Partial Default" on Greek Debt.
Composite careened 57.19
points (-2.0%) to 2,802.62. The Dow
at 12,505.76; the S&P 500 slid 24.31
to settle at 1,319.43. Oil fell to $94.98: Oil drops to lowest in five sessions;
rose to $1,553: Gold gains modestly on European debt fears. Interestingly, the VIX
to close at 18.39.
In the meantime, talks between Democrats and Republicans concerning the impending U. S. debt ceiling have broken down: Market 'not worried yet' over debt limit, Aug. 2 deadline will be missed.
Cody Willard has written: Intel is headed to the moon.
Peter Brimelow says that Key letters sticking with stocks.
You Have To Ask Yourself.
Buffett: We'll Come Back Big Time
Stock market futures are down sharply tonight.
TopStock Portfolios considers this stock market soft patch to be a good buying opportunity.