Daily Investment Interpretations

January 3, 2012

2012-1-3: (Tuesday Night): The markets leaped: U.S. stocks start 2012 with rally on global data, Bulls Get Year Started On the Right Foot. The NASDAQ Composite rose 43.57 (1.67%) to 2,648.72. The Dow tacked on 179.82 points (1.47% to 12,397.38; the S&P 500 went up 19.46 points (1.56%) to settle at 1,277.06. Oil jumped to 102.97: Crude oil tops $100; gold hiked up to 1,604: Gold tops $1,600 mark. The VIX lost 0.43 points to 22.97.
    Marketwatch says:  
    Mark Hulbert tells us that: The first shall be last. Last year's winners are this year's losers.
    Mark also tells about Winning the inflation battle but losing the war , and January has a surprise in store
: the third year in an election cycle is the strong year; the fourth year is pretty flat.
    One eye on Wall Street, the other on Europe  
    Ashbaugh charts a strong 2012 start 
    German unemployment hits record low (video).
    Merkel and Sarkozy to meet Jan. 9 
    Europe stocks higher, despite Spain's gloom  
    ISM manufacturing gauge hits six-month high  
    What is gold telling us?  

    State of the Markets articles include: 
    Technical Talk: Can The Generals Prevail?  
    FOMC Minutes Show Fed Will Begin Forecasting Rate Changes
    Construction Spending Up in November; Above Expectations   
    ISM Manufacturing Index Continues To Improve in U.S  
    The Real Key To 2012  
    All Eyes Will Be on France and Germany Bond Auctions; Italy and Spain on Tap  
    Greece May Be Forced to Leave Eurozone   
    UK Manufacturing PMI Above Consensus  
    Market futures are neutral tonight.