Daily Investment Interpretations
March 1, 2011
(Thursday Night): The
markets indices rose by varying amounts today today: S&P
500 gains 8 points to 1,374; Positive
economic signals send stocks higher; Stocks
Finish Higher Despite Weak ISM Manufacturing Data, Headlines/ The NASDAQ
Composite advanced 22.08
to 2,988.97. The Dow rose 28.23
the S&P 500 gained 8.41 points
to settle at 1,374.09. Oil surged to 109.23: Crude
oil surges past $110; gold advanced to 1721: Gold
selloff risks halt to buying spree. The VIX fell 1.17
The markets are continuing to slowly work their way up.
The best market timers are bullish
U.S. 5-year yields touch 2012 highs
Disposable income at 2007 levels.
Wage gains lift incomes by 0.3% in January.
U.S. jobless claims little changed at 351,000
Bond bubble, toil and trouble
January construction spending slips 0.1%
30-year mortgage rate falls to 3.90%
Rex Nutting: Housing belies U.S. recovery (video)
Increased fees mask real mortgage costs (audio)
Manufacturing expansion slows in February
Michael Gayed writes: Europe's rally may have legs.
Michael Ashbaugh writes: Gold selloff risks halt to buying spree.
Mark Hulbert advises us that The best are bullish, the worst are not.
Kevin Marder writes: The risk trade turns weak
Pivot points "March has a recent history of sharp market turns. Will this year be different? MarketWatch's experts look at charts and signals across a wide array of asset classes to gauge what markets are doing."
State of the Markets articles include:
Templeton's Mark Mobius: We're Nibbling, Increasing Exposure in Russian Equities "In case you are not familiar with it, the Templeton Emerging Markets Fund is a fund seeking long-term capital appreciation and enjoys a strong record over the long term. A minimum of 80% of its net assets are allocated to emerging nation equity securities, in countries such as: Brazil, China, India, Thailand, Turkey, Russia, South Korea, Hong Kong, Indonesia, South Korea and Pakistan. The fund is run by the legendary Mark Mobius who has earned a reputation over the years ... Read More »"
China's Manufacturing Sector Up Third Straight Month "China's official PMI (Purchasing Manager's Index) showed that the manufacuturing sector in the world's second biggest economy appears to be regaining momentum. ... Read More »"
Goldman Reduces Q1 GDP Estimates
ISM Manufacturing Index Falls In February
Construction Spending in U.S. Fell Slightly in January
Economic Update: Bloomberg Consumer Comfort Index
Personal Incomes and Spending Rise in January But Below Expectations
Weekly Jobless Claims Fall 2,000 In Latest Week
Yields Continue to Fall at Spain's Latest Bond Auction
Market futures are somewhat elevated tonight.