2013-12-28 Weekend Market Update (The Santa Claus Rally Continues)
Posted on December 28th, by Mitchell Warren in Options Risk Management, Weekend Market Updates. Comments Off on 2013-12-28 Weekend Market Update (The Santa Claus Rally Continues)
Weekend Market Update
The Santa Claus Rally Continues
Equities rose to an all-time high for the second week in a row, as the Dow Jones Industrial Average (DJIA) rallied 1.59% this week. The S&P 500 (SPX) added 1.27% and the Nasdaq-100 (NDX) added 1.21%. Volatility dropped to levels not seen March. The spot Volatility Index (VIX) fell 9.64% to close at 12.46 this week.
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