Monday, June 2, 2008

2 Hours To Go

With 2 hours to go in this week’s trading, the indexes are near their highs for the session. If the markets were to close at these levels, the S&P 500 would be up +1.9% for the week, while the Nasdaq 100 would be up a whopping +3.9%.Oil briefly dipped below $126, but has since rallied back to $128. The 10-year yield is lower today, trading near 4.03%.Put/call ratios are around average levels, with the CBOE put/call at 0.87 and the ISEE is at 135. The VIX, after spiking higher[...]

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[Source: The Money Blogs]

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