Chopping Around The Unchanged Line, Then Leaping Into The Close

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[Chart courtesy of MarketWatch.com] Moving the markets The major indexes meandered around their respective unchanged lines for most of the morning, when news that the State Department had lifted its global travel advisory from 4 months ago hit the wires. That was like poring gasoline on a fire, and the indexes rocketed higher for the remainder of the session and …

Nasdaq Sets Record—Gold Hits New All-Time High

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[Chart courtesy of MarketWatch.com] Moving the markets The Dow raced ahead and ended just short of a 400-point gain, but gold again outperformed with another solid +1.53% showing. The S&P closed within 1.7% of its all-time high. The mood was upbeat, not because of facts, but merely hope of further stimulus from the government to assist the out-of-work Americans. However, …