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12-31-2014
06:17 AM
OptionEye - Macro Outlook - Dec. 31st
Good morning.
Have a safe and happy new year. 2014 was an odd one and 2015 looks to be volatile as well.
Stocks have traded higher on this day the last two years and are starting off that way this morning. The S & P is up over 2 points in early trade.
The 10 year yield making a move back lower and sits at 2.16%.
Gold is right at that $1200 level trading at $1199.22 down $1.33.
The oil market is lower too as supply and economic woes weigh on prices. Oil is trading at $53.10 down $1.02.
We get Initial Jobless Claims and Pending Home Sales in an expected thin trade this morning.