Daily Investment Interpretations
February 27, 2011
(Tuesday Night): Once
markets ended the day mixed: Dow backs away from 13K;
Bulls Recover From Early Losses on Housing Data; Stocks Finish Mixed. The NASDAQ Composite
tiptoed up another 2.41
to 2,966.16. The Dow drifted
the S&P 500 eased up 1.85 points
to settle at 1,365.74. Oil fell back to 107.73: Oil breaks seven-day winning streak; gold
gave back a little to close at to 1768: Gold inches lower on profit-taking, dollar.
The VIX rose 0.88
Oil at $130 by August
Oil's within third wave up
Oil analyst: Oil prices won't hit record highs (audio)
State of the Markets outlook is neutral-to-mildly-positive on an intermediate-term basis..
Job quality is in trouble "Yes, people are landing jobs, but what they're finding often marks a step down from duties and responsibilities — and pay — they previously had."
Michigan’s job market holds key for Obama
David Marsh writes: 10 myths about the European quagmire
Peter Brimelow asks: Is Dow 13,000 a barrier?
S&P Downgrades Greece to Selective Default
State of the Markets articles include:
G20 Insists Europe Boost EFSF Before Making Commitment of Funds
Are Those Glowing Jobs Numbers Real?
Pending Home Sales Rise to Nearly 2-Year High
Market futures are flat again tonight.