The Dow Jones Industrial Average (INDEXDJX:DJI) is poised to bounce back, ahead of today's round of economic data and speeches from a pair of Federal Reserve officials. Specifically, updates on retail sales and business inventories are due, while New York Fed President William Dudley and Boston Fed President Eric Rosengren are both slated to take the podium ahead of the bell. Additionally, a handful of companies that reported earnings are making big moves in pre-market trading, including King Digital Entertainment PLC (NYSE:KING) and SeaWorld Entertainment Inc (NYSE:SEAS). Both stocks are bracing for a 20% plunge right out of the gate.
Futures on the Dow Jones Industrial Average (INDEXDJX:.DJI) are more than 73 points above fair value.
The Chicago Board Options Exchange (CBOE) saw 809,947 call contracts traded on Tuesday, compared to 539,081 put contracts. The resultant single-session equity put/call ratio jumped to 0.67, while the 21-day moving average edged up to 0.66.
Currencies and Commodities
The Case for Big Moves in IWM and QQQ
Featured Partners: AOL DailyFinance
© 2014 Schaeffer's Investment Research, Inc. 5151 Pfeiffer Road, Suite 250, Cincinnati, Ohio 45242
Phone: (800) 448-2080 FAX: (513) 589-3810 Int'l Callers: (513) 589-3800 Email: firstname.lastname@example.org
All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Market Data provided by QuoteMedia.com | Data delayed 15-20 minutes unless otherwise indicated.