2014-04-18 Weekend Market Update (Strong Start To Q1 Earnings Season)


Posted on April 18th, by Mitchell Warren in Options Risk Management, Weekend Market Updates. Comments Off on 2014-04-18 Weekend Market Update (Strong Start To Q1 Earnings Season)

 Weekend Market Update

Strong Start To Q1 Earnings Season

Equities gained back almost all of what was lost last week this holiday shortened week. The S&P 500 (SPX) and the Nasdaq-100 (NDX) rallied 2.71% and 2.54% this week, closing higher on the four trading sessions. The Dow Jones Industrial Average (DJIA) added 2.38%, but was under pressure on Thursday due to International Business Machine’s (IBM) Q1 revenue miss. Volatility retested the April lows as the spot Volatility Index fell 21.55% to 13.36.

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