Dow Jones Industrial Average Futures Point to a Strong Start; Apple on Tap

Did Time Warner Cable Already Find a New Suitor?

by Karee Venema

Published on Apr 27, 2015 at 9:08 AM
Updated on Apr 27, 2015 at 9:36 AM

The Dow Jones Industrial Average (DJIA) is signaling a strong start, with futures pointed higher ahead of the bell. It's going to be a busy week on Wall Street, with the Federal Open Market Committee (FOMC) kicking off its two-day policy-setting meeting tomorrow. Today, all eyes should continue to be focused on Apple Inc. (NASDAQ:AAPL), with the firm slated to unveil its first earnings report as a Dow component after the close. Meanwhile, the bullish buzz is building elsewhere on the Street, with the S&P 500 Index (SPX) and Nasdaq Composite (COMP) both poised to extend last week's record-setting run.

And now, on to the numbers...


Futures on the Dow Jones Industrial Average (DJIA) are nearly 68 points above fair value.

Market Statistics

The Chicago Board Options Exchange (CBOE) saw 1.2 million call contracts traded on Friday, compared to 696,136 put contracts. The resultant single-session equity put/call ratio rose to 0.60, while the 21-day moving average remained at 0.63.



Currencies and Commodities

  • The U.S. dollar index is up 0.2% at 97.12.
  • Crude oil is down 0.2% to hover at $57.04 per barrel.
  • Gold is 0.7% higher at $1,183.30 per ounce.


Earnings and Economic Data

The Dallas Fed's manufacturing survey will kick off the week. AAPL, Barrick Gold (ABX), (CYOU), (OSTK), Restaurant Brands International (QSR), and (SOHU) will report earnings.To see what else is on this week's agenda, click here.

Overseas Trading

Asian markets finished on both sides of breakeven today, ahead of this week's policy decisions from the Bank of Japan and the FOMC (due Thursday and Wednesday, respectively). At the close, China's Shanghai Composite was up 3%, despite a drop in the mainland's first-quarter industrial profits, while Hong Kong's Hang Seng tacked on 1.3%. Japan's Nikkei, meanwhile, shed 0.2%, while South Korea's Kospi settled 0.1% lower.

European benchmarks have reversed course to trade higher at midday, with all eyes trained on Greece. The fiscally strapped nation was told over the weekend it needed to hash out an economic reform plan in order to receive its next batch of bailout aid, and will hold a phone conference with eurozone leaders today. At last check, the German DAX is up 1%, the French CAC 40 is flirting with a 0.5% lead, and London's FTSE 100 is 0.3% higher.


Unusual Put and Call Activity​



A Schaeffer's exclusive

6 Sectors for Summer

Access your FREE insider report 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.
Google Postpones Android Reveal, "Now is Not the Time to Celebrate"
"Now is not the time to celebrate," Google said in a message on its website
ZNGA Zooms to 8-Year High on Billion-Dollar Deal
ZNGA is planning to buy Peak for $1.8 billion
Huge New Legal Marijuana Market Has Shortage Crisis
250 million Europeans have access to medical marijuana. There's already a shortage....