tsla

Dow Jones Industrial Average Gains; Gold Gets Whacked

3 Oil Stocks Getting Drilled

Jul 20, 2015 at 8:38 AM
facebook X logo linkedin


The Dow Jones Industrial Average (DJIA) is set to start the week on a positive note, as Greek banks re-open after a three-week closure. Earnings are also in focus, with a number of major companies -- including Morgan Stanley (NYSE:MS), Halliburton Company (NYSE:HAL), and Hasbro, Inc. (NASDAQ:HAS) -- topping expectations, and highly anticipated results from Dow component Apple Inc. (NASDAQ:AAPL) due out tomorrow evening. Meanwhile, the Nasdaq Composite (COMP) looks to extend its hot streak after setting a record high on Friday. Elsewhere, however, it's shaping up to be a rough session for gold bugs, with the precious metal dropping to five-year lows in Asian trading today.

 

Continue reading for more on today's market, including:

 

 And now, on to the numbers…

 150720ov1

Futures on the Dow Jones Industrial Average (DJIA) are nearly 23 points above fair value.

Market Statistics

The Chicago Board Options Exchange (CBOE) saw 1.2 million call contracts traded on Friday, compared to 679,313 put contracts. The resultant single-session equity put/call ratio fell to 0.55, while the 21-day moving average remained at 0.68.

150720OV1
150720OV2

Currencies and Commodities

  • The U.S. dollar index is up 0.1% at 97.99.
  • Crude oil has given back 0.3% to trade at $51.06 per barrel.
  • Gold has fallen 1.7% at $1,112.70 per ounce.

 

150720ov4

 

Earnings and Economic Data

 

There are no notable economic reports on today's docket. On the earnings front, International Business Machines (IBM), Cal-Maine Foods (CALM), Rambus (RMBS), Steel Dynamics (STLD), and Zions Bancorp (ZION) will report. Meanwhile, PayPal (PYPL) is set to start publicly trading on the Nasdaq. To see what else is on this week's agenda, click here.

 

Overseas Trading

 

For a breakdown of today's trading in Asia and Europe, including China's new Internet finance regulations, read Overseas Trading: European Markets Rally as Greek Banks Open for Business.

 

 

Unusual Put and Call Activity

 

150720OV6

 

150720OV7

 


 

 

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.