Stocks are taking a well-earned breather this Thursday morning, with the major indices going nowhere in particular. Global oil prices are looking stronger than they have in weeks, while the dollar and bond yields continue to fall. Volatile Sarepta Therapeutics (SRPT) is up 19.6% today after beating revenue projections. Hertz (HTZ) is down 4% today after rising 80% this month.
Here are your Thursday morning market metrics. Industries doing well today include trading companies, textiles, and pharmaceuticals. Industries showing weakness include road & rail, specialty retail, and tobacco. The VIX is up 1% to 9.9 after closing on Wednesday at 9.79. The most heavily traded options this morning are for the SPDR S&P Biotech ETF (XBI), with 12,500 August 75 calls, and 12,500 August 79 calls on the board. The total put/call ratio as of 10:00 AM was 0.7 (386,844/270,475). The advancers/decliners ratio for the NYSE is 1,545/1,162 and for the NASDAQ, 1,378/1,211.