Daily Investment Interpretations

March 26, 2012

2012-3-26: (Monday Night): The market indices soared today: U.S. stocks wipe out weekly loss on Bernanke; Stocks Get "Bernanke Boost" as QE3 Back On Table. The NASDAQ Composite tripped higher 54.65 (1.78%) to end at 3,122.57. The Dow leaped 160.90 points (1.23% to 13,241.63; the S&P 500 advanced 19.4 points (1.39%) to settle at 1,416.51. Oil jumped to 107.13: Oil ticks modestly higher on Bernanke speech; gold ended at 1661: Gold futures jump. The VIX fell 0.56 to 14.26.
    "Stocks finished significantly higher on Monday, marking new yearly highs for the S&P 500 and Nasdaq. Stocks gapped higher at the open following dovish comments from Fed chairman Ben Bernanke, which ... Read More »"    

    Marketwatch says: 
    Treasurys fall (interest rates rise) after Bernanke remarks
    Stocks face 'rude awakening' if Fed stays dovish: strategist 
    3 stages of a bull market
    More upside for equities, the charts say
    Bernanke casts doubt on recent job gains    
    Peter Brimelow writes: Dines rebounding — again?  
    Willard Cody tells to Ride the Bernanke bubble.  
     Why the oil markets ignore the Saudis 
    David Marsh explains that In the face of crisis, ECB's Draghi keeps things simple.  
    ECB's Asmussen: Economic activity stabilizing  
    Long-term Unemployed left out in cold (video)  
    The jobless rate and the election  

    State of the Markets articles include:   
    Technical Talk: Bulls Will Need Some Oomph  
    Bernanke Not Satisfied With Jobless Rate, Says Economy Needs To Grow Faster "Although most economic indicators suggest that the U.S. economy is indeed improving, Federal Reserve Chairman Ben Bernanke is not satisfied. In a speech to the National Association of Business Economics on Monday, the Fed Chairman reminded the audience that the Fed needs to see more progress on the employment front. In what sounded like both a defense of the Fed’s current ultra easy monetary policy and perhaps the groundwork for additional policy action, Bernanke said that the U.S. economy needs ... Read More »"
    Pending Home Sales Miss Expectations in February  
    Europe Update: Deja vu All Over Again in Spain?  
    German IFO Business Climate Index Up in March  
    Portfolio Update: Option Income Generator Pulls In $1200 of Income in March  
    Market futures are flat tonight..