NBB - Weekly Commentary | December 30 2018
The data in this report came from CEFConnect, CEFdata.com, and CEFA on the week of December 30th.
Stocks turned out some decent sized gains for the week but not without some fairly remarkable volatility. The week started off poorly with the worst Christmas eve going back to the 1930s pushing the S&P into bear market territory. Following the closed markets on Tuesday, Wednesday saw one of the largest point gains ever with the Dow jumping over 1,000 points on the day.
The VIX hit a 10-month high of 36 before dropping back to 28 by