Markets

Stocks rise as earnings turn the tide

After the Open... The jittery market is today finding that it cannot ignore the allure of great earnings . Before the current trading session, Lululemon ( LULU ), SolarCity ( SCTY ) and NVIDIA ( NVDA ) all blew the Street away with their earnings reports, following on the heels of Stratasys ( LULU ), which did the same yesterday.

Here are your Friday morning market metrics. Industries doing well today include Household Durables, Specialty Retail and Distributors. Industries showing weakness include Airlines, Independent Power Producers, and Technology Hardware.

The VIX is down 0.25% to 16.62 after closing on Thursday at 16.66. Vale ( VALE ) options are the most actively traded today, with 17,188 September 13 puts changing hands. The put-call volume ratio is 1.15, (294,021/336,880). NYSE Adv/Dec 1,662,1,232. Nasdaq Adv/Dec 1,332/1,066.

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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