This Week in VXST – 6/27/2014

The equity market and VXST both finished the week slightly changed, but did experience some intra-week movement. Note below that VXST almost broke below 9.00 on Monday putting in a low of 9.03. This 9.03 print is the lowest price recorded for VXST since we started keeping up with intra-day data back in November of 2013.

VXST PA

The curve was showing some concern regarding the employment number over the past couple of week, but that concern seems to have subsided a bit. Focus on the July 9th data point below and note that the July 9th contract was at a premium to all other contracts a week ago, but that is no longer the case. With Thursday’s shortened session and June employment number we’ll see if the sudden change in attitude is warranted or not.

VXST Curve