February 28, 2011
Good morning. Rising tensions in the Middle East caused the market to have its first down week in a while last week, with the SPY closing (despite a strong rally on Friday) at 132.33, down 2.24 (1.7%). The VIX spiked higher to finish at 19.21, up 3.32 (17%) from a very low close before the three-day weekend of 16.43.
September 21, 2009
Good morning. It has been a couple of weeks since I have written, primarily due to the effort required to start the Internet show – “Stocks and Jocks”. For those who may have missed Sarah’s announcements the show airs live on www.StocksAndJocks.net every day from 11am-12pm CST and is available afterwards by archive – for on demand listening or download. Dr. J is with me, and we have a great and growing group of guests as the show gains momentum. I would encourage you to listen and participate, there is a lot going on affecting the market that we should all be understanding and talking about.
May 4, 2009
Good morning. A mostly sane and slightly positive week last week, with the SPY up from 86.66 to 87.89, or 1.4%. The relative sanity was reflected in the continuing drop in the VIX, from 36.81 to 35.29, or 4.16%. You would need to go back to last September to find the VIX this low, and again it is an indication that investors are starting to feel (rightly or wrongly) that some positive things are starting to happen and maybe the worst is behind us.