Daily Investment Interpretations
Wednesday, June 6, 2012
(Wednesday Night): The
markets leaped today: Dow's triple-digit comeback;
Dow, S&P 500 post biggest gains of 2012. The NASDAQ Composite closed
(0.66%) to end at 2,778.11. The Dow added
to close at 12,127.95; the S&P 500
advanced 7.32 points
to settle at 1,285.50. Oil ended the day at 85.08: Oil ends higher, but supply data cap gains;
gold logged off at 1623: Gold futures log highest close in a month.
The VIX dropped 1.44
"Dow industrials are set for their largest single-day jump of the year, as pressure mounts on policy makers to come up with additional stimulus. Major U.S. stock indexes are up about 2%."
"U.S. stocks rallied Wednesday, with the Dow and S&P 500 logging their best gains of the year, as investors grew hopeful that more stimulus for the global economy is around the corner. More"
U.S. productivity falls 0.9% in first quarter.
Fed sees moderate growth.
Atlanta Fed's Lockhart broaches further Twist
Fedís Yellen keeps door open for more easing
Europe's woes hurting U.S.: Fed's Williams
Have the Fed's efforts helped? (video)
Mark Hulbert says: Mark Hulbert: Market's significantly undervalued. | Hulbert's take on why stocks are cheap (video).
Michael Gayad points to More evidence of correction's end "After underperforming the past few years, emerging markets are showing the signs of a potential turn, adding a piece to the end-of-correction puzzle."
Imagining an end to the dollarís reign
Matthew Lynn enumerates: 5 ways to trade euroís game of chicken.
China eats world "China's overseas investment surges in the first quarter as state-owned companies snap up resource-related assets around the globe, says a firm investing for China's sovereign-wealth fund."
Money flows into slowing China
State of the Markets articles include:
Looking Ahead to Thursday's Market
Technical Talk: Can It Last? "The bulls are putting in on an impressive show so far today as the hope trade is definitely set to the "on" position. However, the key question at this point is ... Read More Ľ"
It's Tough Out There "There is no denying the fact that the stock market has not exactly been a friendly place to invest since April 1st. Of course, prior to April Fool's Day the stock market had been uncharacteristically warm and cozy as the S&P had set some sort of record for the most consecutive days without experiencing a decline of 1% or more. And after the nightmare that was seen from summer through late fall of 2011, the one-way market advance was a welcome change. However, since the bull-market high on 4/1 (which, in hindsight was a fairly ... Read More Ľ"
NAAIM Index Shows Active Managers Remain Cautious
ECB Holds Rates Steady, Keeps Hope for Action Alive
Investors Intelligence: Bullish Sentiment Fades
Q1 Worker Productivity, Unit Labor Costs Slip
Hilsenrath: Fed Ready To Consider Additional Action
Germany's Industrial Production Falls
Market futures are modestly (~⅓ %) higher again tonight.