Major indices are in the green again today, as the Street looks to top off a week of steep gains across the board. Bad news for Republicans looking to tout success of their tax-cut, in that in the month of December, non-farm payrolls rose by 148,000 instead of the 190,000 expected. Francesca’s (FRAN) is down 16% and Under Armour (UAA) is up 3.6%.
Industries doing well today include auto components, communications equipment, and road & rail. Industries showing weakness include construction materials, building products, and leisure products. The VIX is up 0.87% to 9.3 after closing on Thursday at 9.22. The most heavily traded options this morning are for the S&P 500 SPDR ETF (SPY), with 20,312 January-12 270 puts and 20,027 January-31 270 puts on the board. The total put/call ratio as of 10:00 AM was 1.05 (303,938/318,053) The advancers/decliners ratio for NYSE stocks is 1,641/1,124 while the advancers/decliners ratio for NASDAQ stocks is 1,662/1,003.