Market continues to hold

hold

Stocks are a few ticks above the break-even mark at mid-morning Thursday. The market remains in the very narrow range it has traded in for several weeks now, seemingly caught between positive earnings news, and the uncertainty created by the trade war.

At present, the S&P 500 is up 0.09%, the DJIA is down 0.01%, and the NASDAQ is up 0.31%.

Industries doing well today include Multiline Retail, Chemicals, and Textiles, Apparel & Luxury Goods. Industries showing weakness include Personal Products, Food & Staples Retailing, and Pharmaceuticals. The VIX is up 0.06 to 10.79 after closing yesterday at 10.85. The most heavily traded options this morning are for the Invesco QQQ Trust Series 1 ETF (QQQ), with 15,000 Aug 17 165 puts on the board. The total put/call ratio as of 10:00 AM was 0.85 (207,406/243,096). The advancers/decliners ratio for NYSE stocks is 1,718/1,105, while the advancers/decliners ratio for NASDAQ stocks is 1,835/1,065.

[InvestorsKeyhole, various news and data sources]

Symbols: QQQ

You May Also Like