Stocks are higher at mid-morning Monday, but trading near a key resistance level. Oil is higher this morning on concerns that the U.S. may reimpose sanctions as part of ending the Iran nuclear deal.
At present, the S&P 500 is up 0.57%, the DJIA is up 0.79%, and the NASDAQ is up 0.91%.
Industries doing well today include Energy, Information Technology, and Industrials. Industries showing weakness include Telecommunication Services, Consumer Staples, and Utilities. The VIX is up 0.20 to 14.97 after closing yesterday at 14.77. The most heavily traded options this morning are for the SPDR S&P 500 Trust ETF (SPY), with 9,077 May 25 278 calls on the board. The total put/call ratio as of 10:00 AM was 0.60 (233,373/388,093). The advancers/decliners ratio for NYSE stocks is 1,798/1,102, while the advancers/decliners ratio for NASDAQ stocks is 1,879/1,010.