Stocks are higher this Thursday morning after big gains across the board in yesterday’s session. Big winners from Wednesday include NVIDIA (NVDA) and Mercadolibre (MELI). NVIDIA is already up another 2% this morning, while Delta Airlines (DAL) is down 2%. In a reversal of recent trends, the dollar is somewhat stronger vs the Euro this morning, and bond yields are somewhat lower.
Here are your Thursday morning market metrics. Industries doing well today include independent power, multiline retail, and containers & packaging. Industries showing weakness include diversified telecom, airlines, and distributors. The VIX is down 1.75% to 10.12 after closing on Wednesday at 10.3. The most heavily traded options this morning are for GE (GE), with 9,081 August 28 calls on the board. The total put/call ratio as of 10:00 AM was 0.91 (260,824/237,386). The advancers/decliners ratio for the NYSE is 1,369/1,403 and for the NASDAQ, 1,060/1,580.