Daily Investment Interpretations
Tuesday, May 1, 2012
(Tuesday Night): All
three indices snapped back today: Dow ends at highest level since late 2007;
Dow closes at a 4-year high.
The NASDAQ Composite rose 4.08
to end at 3,050.44. The Dow gained
to close at 13,279.32; the S&P 500
re-inflated 7.91 points
to settle at 1,405.82. Oil ended the day at 105.80: Price of oil hits five-week high;
gold ended at 1663: Gold edges lower; copper leads gains. The VIX
"U.S. stocks rise after report shows manufacturing expanded at a more rapid pace for April."
Jon Markman tells us about 3 reasons May will sting
Irwin Kellner's cautionary tale: Warning: Fiscal icebergs ahead
Mark Hulbert tells us about The VIX in presidential election years "Standard & Poorís downgrade of big banks ups pressure on the government to deal with the financial sector as economy slips into recession."
David Weidner asks What would Jesus trade?
Lawrence McMillen opines: The technicals are bullish.
Tomi Kilgore advises: Another weak May? Donít be so sure
Michael Ashbaugh asks: Sell in May, or stay?
5 stocks picked by billionaires.
May as bear season
Kevin Marder proclaims: The market is mending.
The Aden sisters say The Fed will provide.
State of the Markets articles include:
ISM Manufacturing Index Surprises to the Upside "GThe all-important ISM Manufacturing Index provides a look at the health of the U.S. manufacturing sector. This month's report shows the sector continued to expand for the 33rd straight month... ... Read More Ľ"
Ready, Set, Sell? "Good Morning. My digital calendar informed me this morning that the month of May has officially arrived. And according to Wall Street's folklore, this means that it may be time to do something other than invest in the stock market for a while. But to be honest, I've never put much credence in the old saw, "Sell in May and go away" as stocks have only fallen during the May-October period 11 of the 32 years I've been in this business. But, I will have to admit that it's been a profitable strategy of late and as such, I thought I'd dig into the data to see whether I should just extend my stay in Europe until after Halloween. The theory holds that stocks tend to do very little from ... Read More Ľ"
Construction Spending in U.S. Up Slightly in March
UK Manufacturing PMI Above 50 But Below Expectations
China's Official PMI Expands for Fifth Straight Month
Are The Bullish Analysts Talking Their Books or Talking Sense?
Stock market futures are slightly higher tonight.