Dow Jones Industrial Average Pointed Higher; Fed Minutes in Focus

30 Stocks That Could Go Wild Next Week

May 20, 2015 at 8:36 AM
facebook X logo linkedin


The Dow Jones Industrial Average (DJIA) is signaling a higher start this morning -- and could be on track for another record-setting session. The day's attention will likely swarm around the Federal Open Market Committee's (FOMC) April meeting minutes -- set for release at 2 p.m. ET -- as traders look for hints of a possible June rate hike. Ahead of the highly anticipated event, speculators will have plenty of earnings reports to digest, including those from Lowe's Companies (NYSE:LOW), Etsy Inc (NASDAQ:ETSY), and Staples, Inc. (NASDAQ:SPLS).

 

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

 

And now, on to the numbers…

Futures

Futures on the Dow Jones Industrial Average (DJIA) are nearly 10 points above fair value.

Market Statistics

The Chicago Board Options Exchange (CBOE) saw 803,780 call contracts traded on Tuesday, compared to 475,949 put contracts. The resultant single-session equity put/call ratio dropped to 0.59, while the 21-day moving average fell to 0.63.

Volatility Indexes

Exchange Data

Currencies and Commodities

  • The U.S. dollar index is up 0.3% at 95.56.
  • Crude oil is on the mend, last seen 1% higher at $58.58 per barrel.
  • Gold has tacked on roughly 0.1% to trade at $1,207.80 per ounce.

 

Currencies and Commodities

 

Earnings and Economic Data

 

The minutes from the FOMC's latest meeting will be released today, along with weekly crude inventories. Stepping up for earnings will be American Eagle Outfitters (AEO), Hormel Foods (HRL), L Brands (LB), LOW, NetApp (NTAP), Salesforce.com (CRM), Shoe Carnival (SCVL), SouFun (SFUN), SPLS, Target (TGT), and Williams-Sonoma (WSM). To see what else is on this week's agenda, click here.

 

Overseas Trading

 

It was a mostly higher finish in Asia today, as traders cheered a record-setting day on Wall Street and stronger-than-forecast gross domestic product (GDP) data from Japan. By the close, Japan's Nikkei and South Korea's Kospi were both up 0.9%, while China's Shanghai Composite added 0.7%. Hong Kong's Hang Seng sat out the regional uptrend, shedding 0.4% amid a decline in mainland-based shares.

 

European benchmarks are mixed, after Greece's parliamentary speaker warned the country may miss a debt repayment due June 5 if a deal with lenders is not reached. At last check, the German DAX and the French CAC 40 are flirting with 0.2% losses, while London's FTSE 100 is 0.2% higher.

Overseas

 

Unusual Put and Call Activity

 

Unusual Put Activity


Unusual Call Activity


 

 

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