Daily Investment Interpretations
February 16, 2011
(Friday Night): The
markets ended the day mixed: Bulls nudge market forward;
Dow at highest point since 2008. The NASDAQ Composite
to 2,951.78. The Dow vaulted 45.79
the S&P 500 gained 3.19 points
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.
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..