The Stock Index Report
Directionless, but it didn’t last Shrinking volatility and tight ranges in the equity index futures have left us with butterflies in our stomachs. The bulls and bears have been battling throughout May without a resolution. We have essentially watched the S&P trade in a 55 point range that was carved out early in the month. As boring as things have become, we can’t help but feel as though June will be a different story. If the last 20 minutes of trade in May is any indication of things to