Daily Investment Interpretations

February 16, 2011

2012-2-17: (Friday Night): The markets ended the day mixed: Bulls nudge market forward; Dow at highest point since 2008. The NASDAQ Composite declined 8.07 (-0.27%) to 2,951.78. The Dow vaulted 45.79 points (0.35% to 12,949.87; the S&P 500 gained 3.19 points (0.23%%) to settle at 1,361.23. almost tying its April, 2011 high of 1,363. Oil ended at 104.04: Oil at 9-month high; gold moved slightly higher to close at to 1733: Gold ends higher, stages last-hour comeback. The VIX fell 1.44 points to 17.78.
    The markets wrestled with resistance today, but the VIX is down in the teens, suggesting a calmer environment than that in 2011. The indices are slowly creeping higher.

  
    Marketwatch says: 
    Jobless claims fall to nearly four-year low  
    Rising gas prices and declining utilities output  
    $5 a gallon gas? Ask the Spice Girls
    White House: 2008 crisis holding back recovery
    Payroll-tax cut extended
    Iceland back from brink  ?Fitch Ratings rewards Icelandís efforts to rebuild its credit and economy, in what once was poster child for financial excess. Take heed, everyone. (First Take)?
    IMF expected to deliver less for bailout  
    Greece, ECB closer to bailout with bond swap  
    Wall Street insider blasts his industry.  
    .Chinese firms move to U.S   
    Price hikes catch up to food makers
   
  
    State of the Markets articles include:   
    Video Update: Weekly Market Summary  
    Greece Update: The Drama Continues But Deal Is Expected On Monday  
    Philly Fed Index Above Expectations in February       
    IMF Waffling on Size of Greek Bailout Contribution  
    LEI Up For Fourth Consecutive Month    
    Good Things Can Happen   
    CPI Report Shows Inflation Remains in Check  
    Breaking News On Apple Supplier Working Conditions    
    
    And that's about it for this quiet Friday night..