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Floating Them Trillions

April 11, 2011


Good morning. The market was slow and virtually unchanged last week, with the SPY closing down a scant .28 at 132.86. The VIX was up slightly (.48) to close at a still relatively low 17.39. There was a little more movement in interest rates, with the 30-year bond rate up.15% to close at 4.63%.

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A Victim of Circumstance

October 18, 2010


Good morning. It was a very interesting week for the market last week, with stocks and bonds heading in different directions. The SPY was up one percent on the week to finish at 117.7, the highest close since May 3 of this year, and within striking distance of the years’ top print of 122.12 on April 26.

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