2013-09-21 Weekend Market Update (Can The S&P 500 Make It 4 Out Of 4 In September?)
Posted on September 21st, by Mitchell Warren in Options Risk Management, Weekend Market Updates. Comments Off on 2013-09-21 Weekend Market Update (Can The S&P 500 Make It 4 Out Of 4 In September?)
Weekend Market Update
Can The S&P 500 Make It 4 Out Of 4 In September?
Equities rallied for the third consecutive week, led by the Nasdaq-100’s (NDX) 1.46% gain. The S&P 500 (SPX) added 1.30%, while the Dow Jones Industrial Average (DJIA) only picked up 0.49% this week. Volatility (VIX) is currently on a three losing streak, sliding 7.34% to finish out the week at a one month low. Just like the (DJIA) and (SPX), the Russell 2000 Small Cap Index (RUT) and the Dow Jones Transportation Average (TRAN) also hit new all-time highs.
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