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QQQ - Market Volatility Bulletin: If The Economy Is Decelerating Dramatically Then Why Is The VIX Falling?
PowerShares QQQ Trust Ser 1
Market Intro
CNBC: 12:50PM
US stocks (SPY, DIA, QQQ, IWM) witnessed a decent rally heading into Thursday's close. Futures dropped off in the overnight session, but the indexes have held their own since the opening bell on Friday.
Spot VIX is down modestly as we head into the weekend, toward the bottom of its recent range (15.25-17.00).
The Morgan Stanley Business Conditions slammed lower in the last month. Sentiment, however, is subject to mercurial change. The coupling of the weak jobs number for June with the