Credit: Shutterstock photoAfter the open… the market always grows sleepy during the Christmas week, but at least this year, it seems to be dozing with visions of sugar plums dancing in its head. Two things buoying the market today are the stabilization in the price of oil , and a rally in European shares that has now gone on for five straight days. The S&P 500 is up 0.05%.
Here are your Monday morning market metrics. Industries doing well today include Airlines, Internet & Catalog Retail and Internet Software. Industries showing weakness include Biotechnology, Energy Equipment and Construction Materials.
The VIX is down 1.4% to 16.24 after closing on Friday at 16.24. The most active option strikes are for Chevron (cvx) with 12,304 January 120 calls changing hands. The total put-call volume ratio is 0.7, (302,552/212,310). NYSE Adv/Dec 1,435/1,429. Nasdaq Adv/Dec 1,254/1,043
Julian Close has been a business writer since the first day of the twenty-first century, having written for PRA International and the United Nations Department of Peacekeeping. He graduated from Davidson College in 1993 and received a Master of Arts in Teaching from Mary Baldwin College in 2011. He became a stockbroker in 1993, but now works for Fresh Brewed Media and uses his powers only for good. You can see closing trades for all Julian's long and short positions and track his long term performance via twitter: @JulianClose_MIC .
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.
