Major indices are mixed this Friday morning. It is a bullish day for the tech-heavy NASDAQ, with most of the usual suspects showing slight gains. Even Tesla (TSLA) is up today, shares of which have fallen 11% in just the last two weeks. Tyson Foods (TSN) is up 7.5% after reporting improved guidance and laying off 450 workers. I wonder which way the stock would go if they laid off 450 chickens.
Here are your Friday morning market metrics. Industries doing well today include electronic equipment, auto components, and internet software. Industries showing weakness include diversified consumer services, metals & mining, and energy equipment. The VIX is up 0.4% to 9.53 after closing on Thursday at 9.55. The most heavily traded options this morning are the iShares Russell 2000 ETF (IWM), with 20K December-15 136 puts on the board. The total put/call ratio as of 10:00 AM was 1.24 (240,425/298,257). The advancers/decliners ratio for NYSE stocks is 1,581/1,215, while the advancers/decliners ratio for NASDAQ stocks is 1,573/1,211.