The S&P 500 not only eclipsed a new all-time high, but it saw an incredible 60 new annual highs today, and zero new lows. All of the details are included below.
In terms of the week as a whole, on Sunday, in my weekly "Market Focus: Prepare for The Week to Come" post, I wrote:
"[if] the winter argument does hold water [and economic numbers are good], and we will see new highs in the S&P 500 -- that's a promise. A promise based on an "if.""
Of course, I also wrote: "Thursday & Friday may present market moving macro news."
You can read that full post here: 6-2-14: Market Focus: Prepare for The Week to Come
Well, I suppose the market did move, but that's not what I was anticipating. In fact, we saw VIX hit a 7-year low today. You can read that story below (the top option story).
The VIX spot closed at 10.73%.
* Uber sets valuation record of $17 billion in new funding
* Apple stock split: another “big” milestone
* Another Great Recession level fades as U.S. passes employment peak
Top option Story
* VIX - 7-year Lows Breached. The Calm Priced into the Market is Stunning. But Did You Know This?
* 6-6-14: Daily Open Interest Report
* 6-6-14: Daily Covered Call Report
* Daily Biotech Small & Micro Cap Update
Largest Stock Gainers
Largest Stock Losers
New 52 Wk Highs in S&P 500
New 52 Wk Lows in S&P 500
No New Lows
Unusual Option Volume
Elevated Implied Volatility (IV) to Historical Volatility (HV)
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