Schaeffer's Top Stock Picks for '25

Dow Jones Industrial Average Looks for 7th Straight Win

The International Council of Shopping Centers said holiday shopping was strong

Dec 26, 2014 at 8:26 AM
facebook X logo linkedin


The Dow Jones Industrial Average (INDEXDJX:DJI) is pointed higher, putting the blue-chip index on pace for its seventh consecutive daily win. While there is nothing to expect today in the way of earnings reports or economic data, traders may want to watch retail stocks, after the International Council of Shopping Centers reported the best holiday season sales growth since 2011. Elsewhere, Tesla Motors Inc (NASDAQ:TSLA) is in focus, as investors await news regarding an upgrade to the automaker's Roadster model.

And now, on to the numbers...

Dow Jones Industrial Average, S&P and Nasdaq futures

Futures on the Dow Jones Industrial Average 2 Minute (INDEXDJX:.DJI) are nearly 58 points above fair value.

Market Statistics

The Chicago Board Options Exchange (CBOE) saw 465,330 call contracts traded in Wednesday's holiday-shortened session, compared to 279,144 put contracts. The resultant single-session equity put/call ratio rose to 0.60, while the 21-day moving average edged up to 0.65.

NYSE and Nasdaq summary

Volatility indices

Currencies and Commodities

  • The U.S. dollar index is up 0.1% at 89.98.
  • Crude oil has tacked on 0.9% at $56.36 per barrel.
  • Gold has popped 2% at $1,196.40 per ounce.
Currencies and commodities

Earnings and Economic Data

Today's economic and earnings calendars are empty.

Overseas Trading

Asian bourses mostly rose in light post-Christmas trading, despite Japan posting an unexpected drop in industrial output and its fourth straight monthly decline in inflation. At the close, Japan's Nikkei was up 0.06%. Elsewhere, China's Shanghai Composite soared 2.8%, with financial stocks advancing following news that authorities will ease liquidity requirements for banks. Meanwhile, South Korea's Kospi added 0.1%, while Hong Kong's Hang Seng remained shuttered.

Most European benchmarks are closed today due to the Christmas holiday.

Overseas markets

Unusual Put and Call Activity:

For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations.

Unusual options activity - puts

Unusual options activity - calls

 
 

You have the chance to join one of Bernie's most exclusive programs, complete access at HUGE savings!

As we prepare for a new administration to take the reins in Washington, the near-term market landscape is rife with uncertainty.

The Federal Reserve has already hinted at the turbulence ahead, lowering its interest rate outlook for 2025.

Meanwhile, breakthroughs in artificial intelligence (AI), quantum computing, and other transformative sectors have unlocked incredible profit potential.

But these opportunities are fleeting, and timing is everything. That's where Quick-Hit Trader comes in.

Quick-Hit Trader is designed for precision and speed, getting you in and out of the market in a flash. While other investors scramble to navigate volatile conditions, you'll have access to expertly curated trades that leverage these rapid shifts to deliver explosive profits in short order.

This is your chance to capitalize on the fast-moving market like never before. Are you ready to make your move?