Last week in the U.S. Equities indices was certainly the definition of “interesting times”. The DJIA crashed by over 1,800 points or 6.9% on Thursday, only to recover about 1.9% on Friday. The S&P 500 behaved similarly. The NASDAQ was a bit less volatile, but we think it’s saving up for a chance to really out-do the others. Quite some volatility. However, for many of our clients, it was an excellent opportunity to generate increased profits by stock pair trading through a market crash.
We predicted this continuing volatility in our earlier blog post in April of this year.
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