Selling continues

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After the Open... continued selling pressure pushed the Dow Jones Industrial Average back below 17,000 as the market struggled to find anything in particular to get excited about. JOLTS Job Openings were reported this morning and came in very close to expectation; Consumer Credit will be reported in the afternoon, but it looks to be another slow day, and possibly a pretty slow week as well.

Here are your Tuesday morning market metrics. Industries doing well today include Gas Utilities, Electric Utilities and Construction Materials. Industries showing weakness include Airlines, Diversified Telecommunications, and Building Products.

The VIX is up 5.8% to 11.99 after closing on Monday at 11.33. CBS ( CBS ) options are again the most actively traded today, with 150,597 July 80 puts changing hands, and another 149,692 July 80 calls changing hands. The put-call volume ratio is 1.15, (334,075/383,698). NYSE Adv/Dec 868/1,483. Nasdaq Adv/Dec 731/1,292.


Julian Close has been a business writer since the first day of the twenty-first century, having written for PRA International and the United Nations Department of Peacekeeping. He graduated from Davidson College in 1993 and received a Master of Arts in Teaching from Mary Baldwin College in 2011. He became a stockbroker in 1993, but now works for Fresh Brewed Media and uses his powers only for good. You can see closing trades for all Julian's long and short positions and track his long term performance via twitter: @JulianClose_MIC .


This article was originally published on MarketIntelligeneCenter.com



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Stocks

Referenced Stocks: CBS

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As of 9/1/2015, 04:15 PM

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