Sunday, April 21, 2013

Weekly Wrap

Holy bass and treble Batman! There was significant volatility in the markets this past week, and the S&P 500 Index ended the week with a 2.1% loss to close at 1555. Very unusual.

Is this an aberration in record stock market returns or is there some type of mischief going on?

Just what is it that caused the VIX to become so volatile this past week? Could it be that corporate profits aren't coming in as what many economists "expected"? Could it be worry that GDP won't be as good as we thought it would be? Could it simply be a problem with HFT machinations.. or could it be something concerning those minstrels at the Federal Reserve Bank?

Well, don't you good investors of Gotham City fret about it any longer.

The current administration won't stand for any stock market reversals old chum, and has sent in the plunge protection team and their drone to correct this chaos. Stay tuned next week, same Bat-time, same Bat-channel, to see if we'll be singing a different tune.

Monday, April 1, 2013

April Fools

The herd thinks it's safe, how about you? Still want to wade into the pool?