Dow (DJI) Down on Greek Election News Today

Anti-austerity Syriza won Greece's general election yesterday

Jan 26, 2015 at 8:29 AM
facebook X logo linkedin


The Dow Jones Industrial Average (INDEXDJX:DJI) is sitting solidly lower this morning, after the left-wing Syriza party -- which rejects the austerity measures imposed by foreign lenders during a recent financial bailout -- won Greece's general election yesterday. On the home front, the Dallas Fed's manufacturing survey is due out today. Meanwhile, traders are eagerly awaiting post-close earnings from Dow component Microsoft Corporation (NASDAQ:MSFT), as well as semiconductor issue Texas Instruments Incorporated (NASDAQ:TXN).

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 roughly 42 points below fair value.

Market Statistics

The Chicago Board Options Exchange (CBOE) saw 995,244 call contracts traded on Friday, compared to 695,310 put contracts. The resultant single-session equity put/call ratio jumped to 0.70, while the 21-day moving average edged up to 0.66.

NYSE and Nasdaq summary

Volatility indices

Currencies and Commodities

Currencies and commodities

Earnings and Economic Data

The Dallas Fed's manufacturing survey will kick off the week. MSFT, Ashland (ASH), D.R. Horton (DHI), Seagate Technology (STX), TXN, and Zions Bancorporation (ZION) will release earnings.

Overseas Trading

Asian stocks finished mixed, following Greece's election results. China's Shanghai Composite and Hong Kong's Hang Seng gained 1% and 0.2%, respectively. However, Japan's Nikkei gave back 0.3%, despite news that December imports rose by a larger-than-anticipated margin on a year-over-year basis. South Korea's Kospi was down fractionally, with Kia Motors dropping 6% on disappointing fourth-quarter guidance.

European benchmarks are also mixed on the Syriza party's win, and amid news the European Union will host an emergency meeting on Thursday to discuss the ongoing conflict in Ukraine. At midday, London's FTSE 100 is 0.2% lower, while the French CAC 40 and German DAX are up 0.3% and 0.8%, respectively.

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

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI