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Markets go green

Stocks are higher at mid-morning Thursday. Solar names are leading the pack in the energy sector after California announced that starting in two year, all news homes will be equipped with solar panels.

At present, the S&P 500 is up 0.69%, the DJIA is up 0.72%, and the NASDAQ is up 0.70%.

Industries doing well today include Real Estate Management & Development, Health Care Providers & Services, and Metals & Mining. Industries showing weakness include Multiline Retail, Energy Equipment & Services, and Textiles, Apparel & Luxury Goods. The VIX is down 0.25 to 13.17 after closing yesterday at 13.42. The most heavily traded options this morning are for the Financial Select Sector SPDR Fund (XLF), with 14,141 June 15 30 calls on the board. The total put/call ratio as of 10:00 AM was 0.90 (310,114/345,025). The advancers/decliners ratio for NYSE stocks is 2,100/818, while the advancers/decliners ratio for NASDAQ stocks is 1,797/1,069.

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Bobby Raines

Bobby Raines is the Managing Editor of the Market Intelligence Center. He has degrees in Mass Communications and History from Emory & Henry College. Bobby worked at a mid-sized daily newspaper before making a switch to covering the financial industry full time in the years leading up to the financial crisis. He has been a member of the Fresh Brewed Media team since 2011 and has served as a writer and analyst. You can write to him at braines@marketintelligencecenter.com or follow him on Twitter: @BRatMICenter.