Morning Update for October 17, 2017

First Look

Stocks in the the U.S. are little changed ahead of the open Tuesday. Notable post-earnings gainers this morning include Netflix (NFLX), Goldman Sachs (GS) and Morgan Stanley (MS). The Dow Jones is up 0.09%, the S&P 500 is up 0.01%, the Nasdaq is flat 0%.

Today's market outlook is Neutral

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You just can't beat the person who never gives up.
Babe Ruth

Stocks on the Move

Chipotle Mexican Grill, Inc. (CMG), eBay Inc (EBAY) and Prudential Financial Inc (PRU) are moving higher this morning, while Incyte Corporation (INCY), KLA-Tencor Corp (KLAC) and Micron Technology, Inc. (MU) are headed lower. Air Products & Chemicals, Inc. (APD), Biogen Inc (BIIB) and Emerson Electric Co. (EMR) were upgraded by analysts this morning, while Darden Restaurants, Inc. (DRI), Ingersoll-Rand PLC (IR) and Eaton Corporation, PLC Ordinary Shares (ETN) were downgraded.

International Markets

Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.69%, the Nikkei 225 is up 0.38%, the Hang Seng is up 0.02% the Mumbai Sensex is down -0.08% and the Shanghai SE Composite Index is down -0.19%.In Europe stocks are mixed. The FTSE 100 is up 0.27%, the Euro Stoxx 50 is up 0.14%, the DAX is up 0.06% and the CAC 40 is down -0.01%.

Futures and Currencies

Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.27 at 52.14 per barrel. Brent crude is up 0.34 at 58.16 per barrel. Natural Gas is up 0.06 at 3. Precious metals are down this morning. Gold is down -7.02 at 1288.77 per ounce. Platinum is down -2.53 at 928.5 while silver is down -0.24 at 17.13. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound.

Put/Call Ratio

Yesterday, 838,935 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 583,332 put contracts. The single-session put/call was 0.70 while the 20-day moving average is now at 0.65.

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Daily Action Trades for October 17, 2017

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  • Last Price:
  • Previous Close:
  • Day's Range:
    $290.66 - $291.65
  • 52-week Range:
    $293.94 - $248.08
  • Last Price:
  • Previous Close:
  • Day's Range:
    $264.97 - $266.12
  • 52-week Range:
    $267.61 - $221.99
  • Last Price:
  • Previous Close:
  • Day's Range:
    $183.18 - $184.06
  • 52-week Range:
    $187.52 - $142.10

Today's Economic Calendar

What's Happening Period Release Time
Export Prices ex-ag. Sep 08:30
Import Prices ex-oil Sep 08:30
Industrial Production Sep 09:15
Capacity Utilization Sep 09:15
NAHB Housing Market Index Oct 10:00
Net Long-Term TIC Flows Oct 16:00

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