After the open… All major indices are rising this morning, even as oil plunges to fresh five-year lows. In Europe , Draghi has promised easing measures to spur the economy and combat deflation, causing the dollar to rise to a new 29 month high vs the Euro. The S&P 500 is up 0.3%.
Here are your Friday morning market metrics. Industries doing well today include Construction Materials, Life Sciences Tools and Airlines. Industries showing weakness include Diversified Consumer Services, Automobiles and Building Products.
The VIX is down 9.4% to 17.39 after closing on Wednesday at 19.20. The most active option strikes are for Avon ( AVP ) with 10,000 January 10 puts (bought to open) and 9,500 January 13 puts (sold to open) changing hands - that's a rare out-of-the money bull-put spread! The total put-call volume ratio is 1.08, (280,387/304,132). NYSE Adv/Dec 1,824/1,113. Nasdaq Adv/Dec 1,459/822. [InvestorsKeyhole, various news and data sources]
This article was originally published on MarketIntelligenceCenter.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.