Major indices are mixed this Monday morning as talk of new production cuts has failed to stop the price of oil from falling. WTI crude is now below $47 per barrel. Bond prices too fell further over the weekend. There are no big winners in stocks yet this morning, though Box (BOX) is down 3.5%, and Bristol-Myers Squibb (BMY) is down 2.75%.
Here are your morning market metrics. Industries doing well today include internet software, software, and capital markets. Industries showing weakness include multiline retail, technology hardware, and media. The VIX is up 2.4% to 9.99 after closing on Friday at 9.75. The most heavily traded options this morning are for Exxon-Mobil (XOM), with 5,003 June 80 puts and 3,750 June 77.5 puts on the board. The total put/call ratio as of 10:00 AM was 0.76 (287,239/219,413). The advancers/decliners ratio for the NYSE is 1,205/1,636 and for the NASDAQ, 1,147/1,542.