Nasdaq lower, as well. Bill, snapping seven straight weeks of gains and heading for the second worst week of the entire year talking about the dow and s p. Back to january for the dow. Volatility the beginning of the year and end of the year. A coincidence . I think not. Seeing the vix itself, the volatility index is up 76 . This week. This week. Up another half a percent right now. Back above that 20 level which often signals augs for the market here. Maybe we could be topping out or bottoming out. Well see. Socalled fear index. Oil is focal point. The close below 58. First time we have seen that since 2009. Our Closing Bell Exchange this friday, mega green with us, jason pride, kenny pulcari, ken mahoney and next to him is bob pisani. And not next to him but in chicago is Rick Santelli. Yes. Whens next to you, rick . I dont know. Kenny p, put the market in perspective for us. You guys on the floor you trade stocks on, youre watching oil trading a few blocks away here. Arent you . You
Certain big funds were selling some tech stocks to raise cash to buy twitter. Tonight and tomorrow so the nasdaq was down 8 points and s p 500 up 7. 5 points. Very close to its alltime high as well. Meanwhile, the dow crossing a fresh alltime high and s p ending near a record of its own. Bob pisani anybody expecting this strong of a day today . What was behind it . You know this is a very weird day, because youre right. The dow is at an all taif im high and look around and say, gee, everything must be doing great anticipate thats not the case. We had some very odd dislocations. Put up the full screen. The bledsoereadth was poor, flat at the nyse. May have been negative towards the end. Big cap texts, oil, Consumer Staples moving but all the big momentum name, bio tech got hit badly. Why i find it a strange day. Put up the major indices, look at this dow up 124 point, nasdaq down, the transports are down, 0. 7 . Thats a little strange. Normally you dont see that. If in terms of what was
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