Dow Jones Industrial Average Looks North Ahead of Yellen

Are New Highs Ahead for These 3 Stocks?

May 22, 2015 at 8:34 AM
facebook X logo linkedin

The Dow Jones Industrial Average (DJIA) finished another push-and-pull session to the upside yesterday, and appears ready to maintain this momentum in today's session. All eyes will be on a 1 p.m. ET speech from Fed Chair Janet Yellen, as traders look for some clarity from Wednesday's cryptic Fed minutes. Elsewhere, the S&P 500 Index (SPX) is poised to take aim at another notable milestone, while the Nasdaq Composite (COMP) is higher, as well.


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


And now, on to the numbers…


Futures on the Dow Jones Industrial Average (DJIA) are more than 15 points above fair value.

Market Statistics

The Chicago Board Options Exchange (CBOE) saw 788,524 call contracts traded on Thursday, compared to 559,851 put contracts. The resultant single-session equity put/call ratio jumped to 0.71, while the 21-day moving average edged up to 0.64.

Volatility Indexes

Market Data


Currencies and Commodities

  • The U.S. dollar index is off 0.2% at 95.08.
  • Crude oil is down 0.9% at $60.16 per barrel.
  • Gold is up 0.6% at $1,211.20 per ounce.

Currencies and Commodities


Earnings and Economic Data


Closing out the week is the consumer price index (CPI) and Markit's flash purchasing managers manufacturing index (PMI). ANN Inc (ANN), Campbell Soup (CPB), Deere & Company (DE), and Foot Locker (FL) will release earnings. To see what's on next week's agenda, click here.

Overseas Trading


Asian benchmarks ripped higher today, with the Shanghai Composite's 2.8% pop outpacing its peers amid a rally in brokers, insurers, and banking names. Elsewhere, Hong Kong's Hang Seng added 1.7%, South Korea's Kospi tacked on 1.1%, and Japan's Nikkei rose 0.3% after the Bank of Japan stood pat on its current monetary policy and said the economy "continues to recover moderately."


European markets are mixed, as traders digest comments from European Central Bank President Mario Draghi, who gave an upbeat outlook for the eurozone economy. Additionally, speculators are awaiting the outcome of a European Union summit, where a reform deal for Greece's debt crisis is being discussed. At last check, the German DAX is down 0.5% following a slight drop in business confidence, and the French CAC 40 is off 0.2%. London's FTSE 100, meanwhile, is up 0.5%.


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 calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI