Blog Archives

The Fred Sanford Way

April 12, 2010

Good morning. Another positive week for the market last week, as the market has continued to creep up steadily since the correction low of 104.58 on February 5. Last week the SPY was up 1.25 to close at 119.55, a gain of 1.5%. Interestingly, the VIX, which has been trending steadily down as the market has advanced, had a fairly strong advance on the week, closing up 9% at 17.46.

An Oligopoly Outbreak

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.