Daily Investment Interpretations

January 6, 2012

2012-1-6: (Friday Night): The markets closed mixed again today: Jobs not enough for stocks, Stocks end mostly lower despite upbeat jobs report, Video Update: Weekly Market Summary. The NASDAQ Composite gained 4.36 (0.16%) to 2,674.22. The Dow gave back 55.78 points (-0.45% to 12,415.70; the S&P 500 ratcheted down 3.25 points (-0.25^) to settle at 1,277.81. Oil rose $0.1 to 101.74: Fund managers slightly less upbeat about oil: data; gold fell $2 to 1,617: Gold snaps winning streak on dollar, profit-taking. The VIX lost 0.74 points to 21.48.
    Marketwatch says:  
    Jaundiced reaction to jobs  
    Why stocks fell today: that pesky, multi-year deleveraging  
    Mark Hulbert writes What if the 2009 bull market is still alive?   
    Soros: A euro collapse would be worse than '08 
    Euro struggling, falls through $1.27   
    Italian 10-year's yields jump back above 7%
    Fitch lowers Hungary's rating by one notch  
    Xie: China's future depends on sweeping reforms  
    December payrolls add 200,000 jobs  
    Jobless rate at 8.5%.
    Progress, but still a long way to go  
    Barclays sees gold peaking at $2,200 in 2012
    HSBC lowers 2012 gold forecast 9% to $1,850     
    Spread play in gold vs. platinum.  
    Segments where there's hiring going on.  
    Themes that will shape global markets in 2012  
    IMF slashes global growth forecast (video)  
    Gasoline's early, sharp advance  
    Euro zone to hit Iran where it counts  
    Leaner military on the way
    Special documentary: Europe at the Brink (video)  
    The rosy, and not so rosy, jobs data in charts  
    Masking persistent weakness  
    No rejoicing over finance-job growth  
    QE3 may ease into summer  
    Euro stays down after Sarkozy, Monti comments  

    State of the Markets articles include: 
    Technical Talk: Both Teams Have Something To Crow About  
    The Battle Between Good vs. Bad
    Thinking The Bulls Will Continue To Run In Near Term? History Says Think Again   
    Nonfarm Payrolls Report Shows Job Growth In U.S. Improving; Unemployment Falls to 8.5%  
    Eurozone Confidence Slips in December; Unemployment Steady 
    German Factory Orders Hit Three-Year Low  
    Bulls Ignore Europe; Focus on Positive Data   
    ISM Non-Manufacturing Index Shows Service Sector Continues to Expand   
    Hungary In Talks With IMF For Emergency Loan