Major indices are mixed this Tuesday morning as the global price of oil hits its highest level in two years. The price of gold is falling and the dollar is rising against Euro and Yen. Valeant Pharmaceuticals (VRX) is up 18% on better than expected earnings. TripAdvisor (TRIP) is down 16% after beating expected earnings, but missing on revenue in an industry where it now appears there are simply too many players.
Here are your morning market metrics. Industries doing well today include media, real estate management, and air freight. Industries showing weakness include internet & catalog retail, airlines, construction materials, and multiline retail. The VIX is up 0.5% to 9.45 after closing on Monday at 9.29. The most heavily traded options this morning are for the SPDR S&P 500 ETF (SPY), with 10,004 March-16 245 puts on the board. The total put/call ratio as of 10:00 AM was 0.62 (367,617/229,326). The advancers/decliners ratio for NYSE 1,505/1,293 stocks is while the advancers/decliners ratio for NASDAQ stocks is 1,046/1,735.