VIX falls as stocks end week higher

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Equity indexes were higher on Friday, regaining most of the losses from Thursday and ending the week mixed but little-changed. The CBOE Volatility Index fell back below the 17 level.

The S&P 500 was up almost 12 points to close at 1690.50, about 1 point down on the week. It has resistance at 1730 and support at 1630.

The Nasdaq 100 climbed nearly 29 points to close the week at 3242.57, just a few points off the 13-year highs from earlier in the week. It has resistance at 3256 and support at 3150.

The Russell 2000 gained  more than 7 points to close at 1078.25. It too was higher for the week and not far off its all-time highs. It has resistance at 1087 and support at 1050.

The VIX was down 0.93 points, or 5.26 percent, to 16.74. Part of those losses came because it was a Friday, when the SPX options are priced for the weekend time decay.

The VIX futures had losses, but to a lesser degree. The October and November futures were down 0.45 points to close at 16.80 and 17 respectively. That had the iPath S&P 500 VIX Short-Term Futures Note (:VXX) down 0.73 percent to $15.06.


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