Major indices are in the green this Friday the Thirteenth, with NASDAQ and the S&P 500 now at all-time highs. Oil prices are somewhat higher, but the yield on America’s ten-year note has fallen to 2.3%. It’s a particularly good day for old economy stocks. US Steel (X) is up 6.2%, Vale (VALE) is up 3.9%, and HP (HPQ) is up 4.8%. On the other side of the coin, there is Wells Fargo is down 3.1%.
Here are your Friday morning market metrics. Industries doing well today include healthcare technologies, consumer finance, and technology hardware. Industries showing weakness include healthcare providers, diversified consumer staples, and banks. The VIX is up 2.4% to 9.65 after closing on Thursday at 9.91. The most heavily traded options this morning are for the SPDR S&P 500 ETF (SPY), with 17,513 October-20 253 puts, and 17,011 October-27 254 puts on the board. The total put/call ratio as of 10:00 AM was 1.17 (302,720/353,467). The advancers/decliners ratio for NYSE stocks is 1,949/885 while the advancers/decliners ratio for NASDAQ stocks is 1,501/1,236.