Loading ...SH @ the close 5/11/12: If the VIX was a chair it’d be uncomfortable to sit in
The VIX ended just south of the key 20 level, signaling that next week could bring some intensified volatility to the downside if the S&P500 isn’t able to hold above its most recent lows. This morning we pointed out that … Continue reading
SH @ the close 5/10/12: Supply/demand equation may have come into balance
The markets tried to find their footing today after the S&P500 had traded in a low range of 1,345-1,360 for the last 2 days. We saw signs of a short term bottom forming because the market had managed to finish … Continue reading
SH @ the close 5/9/12: Vix closes above key level
The markets continues to trend lower today but they did again manage to finish off of the lows. The VIX, which gave up nearly all of its gains yesterday, did more of the same today, but it managed to close … Continue reading
SH @ the close 5/8/12: Not nearly as bad as it could have been
We’re taking two key points away from today’s action in the market: 1.) While the indexes finished lower (and the Dow for the 5th straight session), they finished well off the lows suggesting this dip is starting to be viewed … Continue reading
SH @ the close 5/7/12: Markets show resilience as oil finishes off of its low
If you would have checked futures late Sunday you would have gone to sleep expecting to see a 100-200 down move right at the open. By the time the opening bell had sounded though, oil had rebounded 2.8% from a … Continue reading