June 25, 2015 Market Wrap Up

The S&P 500 was relatively weak today; however, the market is still in limbo, waiting for a resolution to come out of Greece. Any hints of a resolution pushes the market higher, while any talks that a deal is farther apart, pushes the market lower.

The VIX is now above $14, closing the day at 14.11, an increase of nearly 6.5%.

In respect to energy, The United States Oil Fund was trading lower, closing at 19.98, which was good for a 1% drop.

On the options front, we saw bullish call buying in Foot Locker Inc (FL) and Deere & Co (DE). On the bearish side of options, we saw put buyers step in Illumina Inc (ILMN).

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

Be aware that we might see a lot of action near the close , due to the Russell rebalance.

Key Economic Data:
25 June 2015- Jobless Claims 8:30 AM EST, Personal Income & Outlays 8:30 AM ET

Key Earnings:
26 JUNE 2015- CAG, FINL