Dow Jones Industrial Average Futures Falter; Jobs Data Due Out

The Dow is lower ahead of today's busy economic schedule

by Josh Selway

Published on Apr 1, 2015 at 8:27 AM
Updated on Apr 20, 2015 at 5:32 PM

It looks like U.S. equities are poised to start the second quarter on a bearish note, with futures on the Dow Jones Industrial Average (DJIA) lower ahead of the open as yesterday's selling pressure continues. It'll be a busy day on the Street, with a slew of economic data on tap, including auto sales and ADP's employment report. Also, traders will welcome a new name, as GoDaddy Inc (NYSE:GDDY) begins trading today.

  • Schaeffer's Senior Quantitative Analyst Rocky White explains how tomorrow's S&P 500 close could set the stage for the rest of 2015.
  • This athletic apparel name has been a long-term outperformer -- but now bears are calling a top.
  • For a second straight day, Tesla partnership rumors drove speculative players straight to SolarCity Corp (NASDAQ:SCTY).
And now, on to the numbers...

Dow Jones Industrial Average, S&P and Nasdaq futures

Futures on the Dow Jones Industrial Average (DJIA) are roughly 43 points below fair value.

Market Statistics

The Chicago Board Options Exchange (CBOE) saw 663,299 call contracts traded on Tuesday, compared to 433,090 put contracts. The resultant single-session equity put/call ratio rose to 0.65, while the 21-day moving average edged up to 0.66.

NYSE and Nasdaq summary

Volatility indices

Currencies and Commodities

  • The U.S. dollar index nudged 0.05% higher to 98.40.
  • Crude oil is down 0.2% at $47.50 per barrel.
  • Gold has added 0.1% at $1,184.70 per ounce.
Currencies and commodities

Earnings and Economic Data

April Fools' Day is no joke this year, as the calendar features motor vehicle sales, the ADP employment report, construction spending, the Markit PMI, the Institute for Supply Management's (ISM) manufacturing index, and weekly crude inventories. Plus, there will be speeches from San Francisco Fed President John Williams and Atlanta Fed President Dennis Lockhart. Acuity Brands (AYI) and Monsanto (MON) will flex their earnings muscle. To see what else is on this week's agenda, click here.

Overseas Trading

Stocks in Asia were a mixed bag once again. On one hand, China's Shanghai Composite surged 1.7%, after two key reports on factory activity topped consensus estimates, but indicated ongoing softness in the mainland economy. Also finishing with a gain was Hong Kong's Hang Seng, tacking on 0.7%. However, South Korea's Kospi fell 0.6%, while Japan's Nikkei gave back 0.9%.

European bourses, though, are all higher, with strong regional manufacturing data to thank. At last check, France's CAC 40 was the biggest gainer, boasting a 1.2% lead. Germany's DAX has picked up 0.9%, with London's FTSE 100 adding 0.7%.

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

A Schaeffer's exclusive!

The Expert's Guide

Access your FREE trading earning announcements before it's too late!



NEW! Explore Schaeffer’s Partners' deals and get connected to top online brokerages with deals tailored exclusively for our readers.  Get answers to your questions regarding transfer fees, commission rates, programs and available discounts related to online trading services.

MORE | MARKETstories

Research Exposes Shortcut to Stock Market Wins
A simple way to stop picking losers, and start cashing in like Wall Street's elite.
Cannabis Stock Rally Cut Short after Downgrade
Aurora Cannabis did receive a price-target hike from Jefferies, though
Vaccines, China Trigger Roller Coaster Week for Stocks
Moderna's vaccine captured the attention of Wall Street
Research Exposes Shortcut to Stock Market Wins
A simple way to stop picking losers, and start cashing in like Wall Street's elite.