2014-04-26 Weekend Market Update (SPX 1880 Fails Again)
Posted on April 26th, by Mitchell Warren in Options Risk Management, Weekend Market Updates. Comments Off on 2014-04-26 Weekend Market Update (SPX 1880 Fails Again)
Weekend Market Update
SPX 1880 Fails Again
Equities snapped a six day winning streak on Wednesday and ended up giving back all of the early gains by the close on Friday. The Nasdaq-100 (NDX) and the Dow Jones Industrial Average (DJIA) shed 0.04% and 0.08% this week, respectively. The Dow Jones Industrial Average (DJIA) was the worst performer of the three major U.S. indices, dropping 0.29%. Volatility rose for the third straight session to finish out the week as the spot Volatility Index (VIX) added 5.24%.
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