Stocks continued their slow, steady rise this Tuesday morning. Oil prices are not much changed over the last 24 hours. Sprint (S) is up 6% this morning after reporting a profit for the first time in three years and adding 88,000 subscribers in the second quarter. Shopify (SHOP) is up 10% after posting a loss of one cent per share in the second quarter, which was considerably better than the Street was expecting.
Here are your Tuesday morning market metrics. Industries doing well today include airlines, internet/catalog retail, and banks. Industries showing weakness include automobiles, auto components, and electrical equipment. The VIX is up 1% to 10.36 after closing on Monday at 10.26. The most heavily traded options this morning are for the PowerShares QQQ ETF, (QQQ), with 10,010 October-20 140 puts and 10,010 October-20 130 puts on the board. The total put/call ratio as of 10:00 AM was 0.81 (301,181/243,734). The advancers/decliners ratio for the NYSE is 1,577/1,240 and for the NASDAQ 1,322/1,372.