Stocks in the green post election

 

Major indices are up at mid-day Wednesday following the results of the midterm elections. With the election results meeting the majority of expectations, traders will be keeping an eye on the Federal Reserve meeting tomorrow and the possibility of additional interest rate hikes in the near future.

At present, the S&P 500 is up 1.36%, the DJIA is up 1.11%, and the NASDAQ is up 1.88%.

Industries doing well today include Construction Materials, Health Care Providers & Services, and Software. Industries showing weakness include Personal Products, Electrical Equipment, and Energy Equipment & Services. The VIX is down 2.77 to 17.14 after the previous close of 19.91. The most heavily traded options this morning are for the SPDR S&P 500 Trust ETF (SPY), with 22,633 Dec 21 260 puts on the board. The total put/call ratio as of 10:00 AM was 0.89 (424,735/470,039). The advancers/decliners ratio for NYSE stocks is 1,978/968 while the advancers/decliners ratio for NASDAQ stocks is 1,906/1,092.

[InvestorsKeyhole, various news and data sources]

Symbols: SPY

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