2014-04-12 Weekend Market Update (Bullish SPX Indicators)
Weekend Market Update
Bullish SPX Indicators
Equities continued the decline from last Friday’s intra-day all-time high in the S&P 500 (SPX) this week. The Dow Jones Industrial Average (DJIA) and the Nasdaq-100 (NDX) dropped 2.35% and 2.61%, respectively. The S&P 500 was the worst performing of the major U.S. indices, falling 2.65%. Volatility soared near one month highs as the spot volatility index picked up 21.99% this week.