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Category: @ The Close  

SH @ the close 6/12/12: A not so bearish rate of velocity

You could have sold tickets to this fight. The bulls and bears were battling it out to start the morning, fading back and forth between red and green, before the bulls ultimately prevailed pushing the indexes up more than 1%. … Continue reading

SH @ the close 6/11/12: Market gives up Friday’s gains; VIX soars 10%

Anyone who expected the market to rally on the heels of a bailout news for Spain got trapped today as the indexes finished lower by 1% following an initial gap higher. Of note is where the S&P500 topped out today; … Continue reading

SH @ the close 6/8/12: Suckers rally or time to get bullish again?

The S&P500 finished the week with a solid gain of 3.5% and managed to shrug off continued weakness in oil. If you would have told us that oil would nearly give up all of its gains for the week before … Continue reading

SH @ the close 6/7/12: The choice is yours

In what has been come a familiar setting for the markets since topping earlier this year, they were unable to hold onto early morning gains. The day started out promising, with oil initially surging more than 1.5% and the VIX … Continue reading

SH @ the close 6/6/12: In this market you have to be a stickler

In a textbook case study of volatility working both ways, something we talk about a lot around here, the markets experienced their biggest up day of the year Wednesday. That’s all well and good except for the fact that it … Continue reading

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