Friday, May 22, 2009

Memorial Day Weekend

It is 2.38pm and S&P, Dow Jones and NASDAQ are all up. There are 359 advances in the S&P 137 declines. It is a choppy trading session though. The volume is quite low because of the Memorial Day weekend. Financials are trading in a mixed fashion. It is barely green now. Utilities are the leading sector in today's market. It is up 1.43% followed by Utilities, up 1.42%. US Dollar today got another hit. It is trading at its 5 month lows at a penny shy from $80. Volatility Index fro S&P 500, VIX, finally down three cents to 31.32. It was below 27 on Wednesday. There is no news in the Economic Calendar today.