Monthly Archives: October 2012

Storm closure

The markets are closed today (Monday) due to the massive storms (Hurricane Sandy) on the east coast.  This is the first unexpected close of the markets since 9/11.  They are expecting to keep the markets closed tomorrow. A couple things … Continue reading

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Welcome back volatility

The early part of the week brought us a normal grind up for expiration week.  Volatility dipped below 15% on the VIX (S&P 500 volatility index).  Everything was complacent and the week was pretty much a snoozer until Friday.  Friday … Continue reading

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Mixed week

This week was a very mixed week in many ways.  The jobless claim numbers were much better than expected beating the estimates by 29K less claims.  That is a positive for the markets.  Producer price index was higher than expected … Continue reading

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Were we just duped?!

What a week!  We had the first of three presidential debates on Wednesday.  According to the press, Romney was the clear winner in this debate.  Obama fans were sorely disappointed at the lack of performance of the president.  It was … Continue reading

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