Market struggles to gain traction

 

Major indices are slightly down at mid-day Tuesday after slipping in the first hour of trading and closing the gap where the market had opened on strength. Investor sentiment remains mixed as the White House resumes talks with China regarding trade. Canada Goose Holdings Inc (GOOS) is up 16.2% from the close following the release of their company’s quarterly earnings report.

At present, the S&P 500 is down 0.22%, the DJIA is down 0.21%, and the NASDAQ is down 0.36%.

Industries doing well today include Textiles, Apparel & Luxury Goods, Real Estate Management & Development, and Personal Products. Industries showing weakness include Building Products, Automobiles, and Technology Hardware, Storage & Peripherals. The VIX is up 0.80 to 20.82 after the previous close of 20.02. The most heavily traded options this morning are for the iShares MSCI Emerging Markets ETF (EEM), with 16,801 Nov 16 44 puts on the board. The total put/call ratio as of 10:00 AM was 0.87 (270,108/309,585). The advancers/decliners ratio for NYSE stocks is 1,596/1,299 while the advancers/decliners ratio for NASDAQ stocks is 1,494/1,469.

[InvestorsKeyhole, various news and data sources]

Symbols: EEM GOOS

You May Also Like