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How (& Why) The Dow Just Closed Barely Green For The Year

The Dow Jones Industrial Average closed today at 17,824... exactly 1 point higher than the close at the end of 2014 thanks to a sudden urgent need to sell VIX protection (because with tensions between EU and Greece at its highs, who would want any hedges into the weekend?) and bid the Dow straight up 20 points in the last minute... here's why..

 

Because when 'mom-and-pop' watch the news tonight and see a higher unemployment rate and that stocks closed red... there needs to be an angle to explain why everything is awesome and the crisis has passed...

 

Mission Accomplished... The Dow Closed The Week Up For The Year...