Markets

No news is good news

After the Open... All major indices are higher this morning after a relatively calm weekend for international developments. No problems were solved, but the market can deal with problems much more easily than it can deal with uncertainty, and as a result, the market is rising this Monday morning.

Here are your Monday morning market metrics. Industries doing well today include airlines, Multiline Retail and Construction / Engineering. Industries showing weakness include Gas Utilities, Oil Gas & Consumable Fuels and Multi-Utilities.

The VIX is down 3.4% to 12.7 after closing on Friday at 13.15. Apple ( AAPL ) options are the most actively traded today, as is often the case, with 11,524 September 98 calls changing hands. The put-call volume ratio is 0.78, (352,729/276,339). NYSE Adv/Dec 2,274/563. Nasdaq Adv/Dec 1,834/503.

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 Nasdaq, Inc.


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

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