June 23, 2015 Market Wrap Up

The S&P 500 was relatively flat today; however, its relatively maintaining all-time high levels in several of the indices.

The market is still awaiting positive news out of Greece. Right now, it appears that a debt deal will happen sooner than later.

The VIX is now below 12.50, closing the day at 12.11, a decline of nearly 5%.

In respect to energy, The United States Oil Fund was trading up, closing at 20.47, which was good for a gain of 1.6%

On the options front, we saw bullish call buying in Cheniere Energy Inc (LNG) and Ally Financial Inc (ALLY). On the bearish side of options, we saw put buyers step into LHC Group (LHCG).

Here’s what’s left on the schedule for tomorrow:

Key Economic Data:
22 JUNE 2015- Existing Home Sales 10:00 AM ET
23 JUNE 2015- Durable Goods Orders 8:30 AM ET, New Home Sales 10:00 AM ET
24 JUNE 2015- GDP 8:30 AM ET
25 June 2015- Jobless Claims 8:30 AM EST, Personal Income & Outlays 8:30 AM ET

Key Earnings:
24 JUNE 2015- LEN, MON, BBBY, SCS
25 JUNE 2015- NKE, MU, BKS
26 JUNE 2015- CAG, FINL

Key Conferences:
23 June 2015 (runs till 6/24)- Bernstein Future of Media Summit
23 June 2015 (runs till 6/24)- Jefferies Consumer Conference
23 June 2015 (runs till 6/24)- JP Morgan Media & Telecom CEO Conference
23 June 2015 (runs till 6/24)- Oppenheimer Consumer Conference
24 June 2015 (runs till 6/25)- Credit Suisse Basic Materials Conference
25 June 2015- JPMorgan European Healthcare Conference