Daily Investment Interpretations

Wednesday, June 6, 2012

2012-6-6: (Wednesday Night): The markets leaped today: Dow's triple-digit comeback; Dow, S&P 500 post biggest gains of 2012. The NASDAQ Composite closed up 18.10 points (0.66%) to end at 2,778.11. The Dow added 26.49 points (0.22%) to close at  12,127.95; the S&P 500 advanced 7.32 points (0.57%) 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 to 24.68.
    "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"

    Marketwatch says: 
    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.