Wk4: Market Recap
2009 has had a rough start to say the least. With the S&P and DOW down 8% and the NASDAQ down 6%, the actions over the next few weeks by President Obama should be a major market mover. The Energy Sector (XLE) was the only S&P sector ETF to be up on the week, the other 7 being (XLB, XLF, XLI, XLK, XLP, XLU, XLV, and XLY). The volatility index (VIX) jumped 10 points on Tuesday, but formed another inverted…