The falling dollar and a rise in wholesale inventories boosted stocks. The market retreated as global debt woes weighed. Stocks have been rangebound over the last two weeks. That trend is likely to continue. We will see the trend of any dips being used as an opportunity for investors to deploy more cash. QQQQ implied volatility moved south as investors dumped protective puts.
Wednesday, December 9, 2009
Gained at the end of a volatile session
The falling dollar and a rise in wholesale inventories boosted stocks. The market retreated as global debt woes weighed. Stocks have been rangebound over the last two weeks. That trend is likely to continue. We will see the trend of any dips being used as an opportunity for investors to deploy more cash. QQQQ implied volatility moved south as investors dumped protective puts.

