April 27, 2009
Good morning. Two solid days for the market last Thursday and Friday almost brought the SPY into the positive for the week, but the rally fell short at 86.66, leaving the SPY down .74, or less than 1%, on the week. There was a fairly significant increase in the VIX, up from 33.93 to 36.81, possibly due to a combination of concerns involving financial stress tests and a possible worldwide flu outbreak.
April 20, 2009
Good morning. Yet another positive week for the market, making it five advancing weeks in a row! Is there anyone out there (except the talking heads on TV who seem able to revise their predictions on the fly) who would have thought that on those dark days of early March?