Daily Investment Interpretations
March 8, 2011
(Thursday Night): The
markets indices rose again today on word that Greece has secured its debt swap: U.S.
stocks close higher on Greek swap hopes; Stocks
Higher In Anticipation of Greek Deal. The NASDAQ Composite escalated 34.73
to 2,970.42. The Dow rebounded 70.61
the S&P 500 gained 13.28 points
to settle at 1,365.91. Oil expanded to 106.95: Oil
gains on optimism over Greece deal; gold rose a bit more to 1706:
up on optimism over Greek-debt deal. The VIX slid 1.12
The markets rose today on Grecian news: Greece wraps up swap, clearing way for deal. "Stocks hit session highs as Greece looked set to secure enough participation in its debt swap."
Kevin Marder explains How to recognize a market top.
Job gains seen topping 200,000 in February
China Feb CPI weakens "Consumer inflation rises at a slower-than expected rate of 3.2% in February from the same month a year earlier, signaling an easing in price pressure."
Peter Brimelow says: Gold bugs digging out, again
Brazilian stocks rise after deep interest-rate cut
State of the Markets articles include:
Greece Update: Where Things Stand on Debt Exchange Deal
Bloomberg Consumer Comfort Index Continues to Improve
Jobless Claims Rise In Latest Reporting Period
Challenger: Planned Layoffs for February
Hot IPO's Part V: The Social Media Stocks
Market futures are slightly lower tonight.