Daily Investment Interpretations
Wednesday, April 25, 2012
(Wednesday Night): The
Dow and S&P closed up smartly today, with the NASDAQ leading the
pack on Apple's blowout earnings: U.S. stocks follow Apple, Boeing higher;
Bernanke boosts stocks, Apple rallies.
The NASDAQ Composite exploded 68.03
to end at 3,029.63. The Dow advanced
to close at 13,090.72; the S&P 500
popped 18.72 points
to settle at 1,390.69. Oil rose to 104.01: Oil edges up, shakes off post-Fed weakness;
gold ended at 1646: Gold down $2.1 from Tuesday as Bernanke speaks. The VIX
"U.S. stocks finished near the highs of the day Wednesday, as investors digested comments from Federal Reserve chairman Ben Bernanke and cheered strong corporate results from big companies including Apple and Boeing. More"
Jim Rogers on markets, economy, China (video)
Fed's Bernanke comfortable with policy "Federal Reserve Chairman Ban Bernanke says interest-rate policy is in the right place, given the forecast that economic growth will be moderate over coming quarters and pick up gradually."
Nobelist: A farewell to U.S. factories
Taxpayers still on hook for TARP billions
Permits push signals U. S. housing boom.
Apple's huge quarter — what you need to know.
Matthew Lynn writes: The markets aren’t going to like Merllande.
State of the Markets articles include:
Technical Talk: All About Apple, But... "Believe it or not, today's technical picture hasn't changed much. While traders are gaga over AAPL again today, the overall market remains in a rangebound consolidation phase... ... Read More »"
Can 'NBA' Make a Comeback? "Good Morning. A good chunk of first quarter's joyride to the upside was attributed to the performance of a little company named Apple (AAPL). What is now the world's largest company had what has come to be known as an outsized impact on many of the stock market indices, causing one analyst to dub the U.S. stock market the N.B.A. market - Nothing But Apple (as in nothing but AAPL was needed in a portfolio). However, after hitting an intraday high of $644 on April 10th (representing a gain of 59% in 2012 alone), the ... Read More »"
Bernanke Says Additional Tools STill On Table
Fed Expects Rates To Stay Low Through Late 2014
NAAIM Index: Active Managers Remaining Cautious
Durable Goods Report Puts Economic Recovery in Question
ECB's Draghi Offers No Hints At Additional Assistance
UK Officially Slips Into Recession
This announcement demands the channeling of Paul Krugman: Permanent Link to Cameron’s Remarkable Achievement.
Market futures are slightly higher for a third night in a row.