Schaeffer's Top Stock Picks for '25

Dow Jones Futures Up on Blue-Chip Earnings

JPMorgan Chase & Co. (JPM) reported strong quarterly earnings

Apr 14, 2015 at 8:27 AM
facebook X logo linkedin


The Dow Jones Industrial Average (DJIA) is signaling a positive start to the day, as traders digest a raft of earnings data. In particular, blue chips JPMorgan Chase & Co. (NYSE:JPM) and Johnson & Johnson (NYSE:JNJ) are in the spotlight this morning, with both companies reporting better-than-expected numbers. Also due out are March retail sales, the producer price index (PPI), and business inventories, while New York Fed President William Dudley is scheduled to speak. Overseas, traders are jittery ahead of tomorrow's European Central Bank (ECB) rate decision and the latest growth data out of China.

And now, on to the numbers...

Dow Jones Industrial Average, S&P and Nasdaq futures

Futures on the Dow Jones Industrial Average (DJIA) are roughly 9 points above fair value.

Market Statistics

The Chicago Board Options Exchange (CBOE) saw 865,840 call contracts traded on Monday, compared to 512,653 put contracts. The resultant single-session equity put/call ratio jumped to 0.59, while the 21-day moving average held at 0.65.

NYSE and Nasdaq summary

Volatility indices

Currencies and Commodities

  • The U.S. dollar index is just 0.01% lower at 99.49.
  • Crude oil has added 0.8% to trade at $54.15 per barrel.
  • Gold has retreated 1% at $1,187.10 per ounce, moving further south of the key $1,200 level.
Currencies and commodities

Earnings and Economic Data

Retail sales, the PPI, and business inventories will be released today. Stepping up to the earnings plate will be Intel (INTC), CSX Corporation (CSX), Fastenal (FAST), and WFC. To see what else is on this week's agenda, click here.

Overseas Trading

Asian bourses were mixed, as traders took profits ahead of China's gross domestic product (GDP) report and earnings from a number of major U.S. companies. South Korea's Kospi added 0.6% to topple 2,100 for the first time in almost four years, China's Shanghai Composite edged 0.3% higher for a fresh seven-year high, and Japan's Nikkei eked out a 0.02% win. However, Hong Kong's Hang Seng cooled off, finishing 1.6% lower.

Stocks in Europe are mostly lower around midday, with traders on edge amid a raft of earnings reports, and ahead of tomorrow's European Central Bank (ECB) rate decision. The French CAC 40 and German DAX are both off 0.3%. Conversely, London's FTSE 100 has tacked on 0.3%.

Overseas markets

Unusual Put and Call Activity:

For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations.

Unusual options activity - puts

Unusual options activity - calls

 
 

You have the chance to join one of Bernie's most exclusive programs, complete access at HUGE savings!

As we prepare for a new administration to take the reins in Washington, the near-term market landscape is rife with uncertainty.

The Federal Reserve has already hinted at the turbulence ahead, lowering its interest rate outlook for 2025.

Meanwhile, breakthroughs in artificial intelligence (AI), quantum computing, and other transformative sectors have unlocked incredible profit potential.

But these opportunities are fleeting, and timing is everything. That's where Quick-Hit Trader comes in.

Quick-Hit Trader is designed for precision and speed, getting you in and out of the market in a flash. While other investors scramble to navigate volatile conditions, you'll have access to expertly curated trades that leverage these rapid shifts to deliver explosive profits in short order.

This is your chance to capitalize on the fast-moving market like never before. Are you ready to make your move?

 

 

(function(doc, script) { var js, fjs = doc.getElementsByTagName(script)[0], frag = doc.createDocumentFragment(), add = function(url, id) { if (doc.getElementById(id)) {return;} js = doc.createElement(script); js.src = url; id && (js.id = id); frag.appendChild( js ); }; // Google+ button //add('https://apis.google.com/js/platform.js', async="defer"); // Facebook SDK add('//connect.facebook.net/en_US/all.js#xfbml=1&appId=772755279557744', 'facebook-jssdk'); // Twitter SDK //add('//platform.twitter.com/widgets.js', charset='utf-8'); fjs.parentNode.insertBefore(frag, fjs); }(document, 'script'));