Weekly market wrap-up
Friday, July 11th, 2008www.aestocks.com finished the week with a 48% gain. This is in a week when the DOW finished down 2% and the NASDAQ finished down 1%. Confidence is streaming out of equities as demonstrated by the heightened VIX, finishing the week just below 28. Gold also finished the week up, adding to the notion that money is moving out of the equities markets. But in any market there is a lot of money to be made, as demonstrated by the 48% gain of AEStocks.com for the week. Bearish sentiment will continue in the market, with financial issues dominating across the board.
