2014-04-12 Weekend Market Update (Bullish SPX Indicators)

Posted on April 13th, by Mitchell Warren in Options Risk Management, Weekend Market Updates. Comments Off on 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.

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