Stocks head higher

High Flying

Major indices are in the green this Monday morning, and the global price of oil rose sharply over the weekend. The S&P 500 is only a fraction of a percentage point away from a new record high. cyber security stocks are doing well this morning, picking up a boost from the huge weekend WannaCry cyber-attack. FireEye (FEYE) is up 7.3% and Cisco (CSCO) is up 2.3%. Also continuing its recent win streak is NVIDIA (NVDA), up 3.6%.

West Texas Intermediate crude is trading at $49.21. At present, the S&P 500 is down 0.19%, the DJIA is down 0.13%, and the NASDAQ is down 0.07%.

Here are your Monday morning market metrics. Industries doing well today include energy equipment, communications equipment, and electrical equipment. Industries showing weakness include technology hardware, software, and trading companies. The VIX is up 1.4% to 10.54 after closing on Friday at 10.4. The most heavily traded options this morning are for the iPath S&P 500 VIX ST Futures (VXX), with 5K January 10 puts on the board. The total put/call ratio as of 10:00 AM was 0.71 (305,635/216,972). The advancers/decliners ratio for the NYSE is 2,387/505 and for the NASDAQ, 1,982/775.

Julian Close

Julian Close

Julian Close became a stockbroker in 1995. In his 20 years of market experience, he has seen all market conditions and written about every aspect of investing. Julian has also written extensively on corporate best practices and even written reports for the United Nations. He graduated from Davidson College in 1993 and received a Master of Arts in Teaching from Mary Baldwin College in 2011. You can see closing trades for all Julian's long and short positions and track his long term performance via twitter: @JulianClose_MIC.

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