June 9, 2015 Market Wrap Up

The S&P 500 closed slightly higher on a relatively quiet day. Still no word out of Greece, but for now, the market anticipates a favorable resolution.

The VIX hit an intraday high of 15.74, but eventually sold off, closing at 14.47.

In respect to energy, The United States Oil Fund was relatively strong, closing at 20.21, which is good for 2.5% move.

On the options front, we saw bullish call buying in Activision Blizzard (ATVI) and Colgate-Palmolive Company (CL)

Here’s what’s left on the schedule this week:

Key Economic Data:
11 JUNE 2015- Jobless Claims 8:30 AM ET, Retail Sales 8:30 AM ET
12 JUNE 2015- PPI 8:30 AM ET

Key Earnings:
10 JUNE 2015- FRAN, BOX, KKD, MW
11 JUNE 2015- BOJA, RH, XONE

Key Conferences:
8 JUNE 2015 (runs till 6/12)- Apple World Wide Developers Conference
8 JUNE 2015 (runs till 6/11)- William Blair Growth Stock Conference
9 JUNE 2015 (runs till 6/10)- Morgan Stanley Financial Conference
9 JUNE 2015 (runs till 6/10)- Piper Jaffray Consumer Conference
9 JUNE 2015 (runs till 6/11)- Deutsche Global Consumer Conference
9 JUNE 2015 (runs till 6/11)- Goldman Sachs Healthcare Conference
9 JUNE 2015 (runs till 6/11)- NAREIT’s Investor Forum