Daily Comments for Monday, November 16, 2009

By Teresa Appleton
15 November 2009 @ 03:16 pm EDT

Friday left the day with modest gains and in the four day range we've sat in.  Only Monday advanced the market leaving Tuesday - Friday to sit in range.  The market did close green on the week and holding just off the 2009 highs upon Friday's close.  Volatility dropped throughout the week with the flat VIX, closing Friday at 23.36 which was only .82 cents lower than last Friday.  The TRIN closed at 1.09 bearish on the day.  Gold closed up $10.20 to $1116.80 and oil down 65 cents to $76.29 a barrel. 

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