The Standard and Poors 500 index (SPX) closed today at 7580, up 16 points for a gain of 0.2%. SPX opened this shortened week at 7511, setting up a weekly gain of 0.9%. Trading volume has run at the 50 dma nearly all month and spiked higher today. This may be based on Trump’s announcements concerning the negotiations with Iran but I am unsure.
VIX, the volatility ...
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