Closing Market Report 4/4/2014

The KUIK Closing Market Report for Friday, April 4:
Markets were up today.
Direction Change Units  Last  Time Change
Dow Up                   (160) points           16,143 4:29 PM
S&P500 Down -1.25% percent             1,865     (23.68)
Nasdaq Composite Down -2.60% percent             4,128    (110.01)
30 Year Treasury Down                      (4) Basis Points               3.59 Annual Yield
The Securities and Exchange Commission charged  Visionary Trading LLC with spoofing, which is placing and then canceling orders to induce other market participants to trade in a particular stock. That charge is similar to the allegations made in Michael Lewis’s book “Flash Boys” about  high-frequency trading firms generally.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/firm-charged-by-sec-with-spoofing-2014-04-04
For today’s Closing Market Report click to listen->