2013-12-07 Weekend Market Update (A Slow Start To December)
Posted on December 7th, by Mitchell Warren in Options Risk Management, Weekend Market Updates. Comments Off on 2013-12-07 Weekend Market Update (A Slow Start To December)
Weekend Market Update
A Slow Start To December
Equities snapped a five day losing streak on Friday, following a better than expected November jobs report. The Nasdaq 100 (NDX) was able to finish in positive territory for week, rising 0.47%. The S&P 500 (SPX) shed 0.04% and the Dow Jones Industrial Average (DJIA) gave up 0.41% this week. Conversely, the spot Volatility Index (VIX) ended a eight day winning streak on Friday that nearly wiped out the weekly gains, but was still able to pick up 0.66%.