August 13, 2015 Market Wrap Up

August 13, 2015 Market Wrap Up

The S&P 500 finished the day lower; almost in opposite fashion as yesterday. The market was up strong in the pre-market after positive comments out of China. However, those gains withered away by the close.

The VIX actually dropped, closing at 13.49.

On the options front, we saw bullish call buying in The Hartford Financial Services (HIG). We also saw bearish option activity in United Rentals (URI).

The energy complex was weak again, the United States Oil Fund (USO) closed the day at $14.09.

Here’s what else is going on tomorrow:

Key Economic Data:
14 August 2015- PPI 8:30 AM ET, Industrial Production 9:15 AM ET

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