Major indices are in the red this Thursday morning. In a bad sign for fans of Obamacare, Aetna (AET), which is pulling out of the exchanges, beat earnings and is up 2.28%, while Molina Health (MOH), which has taken a huge position in the exchanges, suffered a terrible second quarter loss and is down 7.9%. Shares of Tesla (TSLA) are up 6.1% after the company reported a smaller than expected quarterly loss.
Here are your Thursday morning market metrics. Industries doing well today include construction & engineering, multiline retail, and auto components. Industries showing weakness include leisure products, insurance, and banks. The VIX is down 1% to 10.19 after closing on Wednesday at 10.28. The most heavily traded options this morning are for the PowerShares QQQ ETF, (QQQ), with 14,252 November-17 140 puts on the board. The total put/call ratio as of 10:00 AM was 0.99 (272,346/270,328). The advancers/decliners ratio for the NYSE is 1,330/1,430 and for the NASDAQ 1,252/1,356.