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Major Market Indices Fall, Leaving Fear Indices Higher on the Week

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Market Insight: Weekly News for Options Traders - 12/08/2008 MARKET UPDATES

In This Newsletter:
FEATURED ARTICLE: Volatility Alert: Major Market Indices Fall, Leaving Fear Indices Higher on the Week
WEEKLY ARTICLES: Weekly Outlook, Economic Watchdog, and more
MAJOR MARKET INDEXES
PROFIT IN TODAY'S VOLATILE MARKET: Attend a 2-day seminar
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Volatility Alert: Major Market Indices Fall, Leaving Fear Indices Higher on the Week

Stocks declined last week, but recovered some of these losses Friday despite a very bearish employment report. The Dow ($INDU) fell 193.62  points, or 2.19 percent, to close the week at 8,635.42. The S&P 500 ($SPX) gave up 20.17 points, or 2.25 percent, to 876.07. The Nasdaq ($COMPQ) lost 26.26 points, or 1.71 percent, to 1,509.31. Though we did see declines on the week, these losses were only a fraction of the gains seen in the prior week.

Click here to continue reading...

Jody Osborne, Optionetics.com
Optionetics.com ~ Your Options Education Site

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MAJOR INDEXES
11/28/2008 - 12/05/2008
  Closing Change %Change
NASDAQ (COMPQ) 1,509.31 -26.26 -1.71%
DJIA (INDU) 8,635.42 -193.62 -2.19%
S&P 500 (SPX) 876.07 -20.17 -2.25%
Market Volatility (VIX) 59.93 4.65 8.41%
View our complete listing of the indices.
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PROFIT IN TODAY'S VOLATILE MARKETS
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WEEKLY ARTICLES
Weekly Outlook: December 8, 2008
A "ho-ho-hopeful" shift in sentiment on Friday has the market shaping up for bulls. Complete Article

AU Editorial: Tell Me, When Will...
Tom Scollon attempts to answer a reader's question by offering some possible scenarios and probabilities.
Complete Article

Economic Watchdog, December 5
The payrolls report is finally released, but traders might be wishing it wasn't...
Complete Article

Interview Central: Charles Payne, Part III
The conclusion of Jeff Neal’s chat with this leader in the analyst community and author of "Be Smart, Act Fast, Get Rich."
Complete Article
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Indexes & Quotes
DOW 8,845.29 209.87 
NASDAQ 1,552.69 43.38
S&P 500 897.45 21.38
VIX 59.68  -0.25 
Highest % Price Increase for Puts
Option
Symbol
Closing
Price
Change  
SBJWZ 4.25 3.58
SBJWW 3.00 2.50
SBJWV 2.65 2.20
SBJWU 2.28 1.85
SBJWT 2.12 1.72
Highest % Price Increase for Calls
Option
Symbol
Closing
Price
Change  
DINLW 3.33 3.10
XLUKE 1.30 1.07
EXCKL 1.35 1.10
FTZKM 2.15 1.75
DIAKW 1.09 0.88
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