Nasdaq tacks on gains, up over 1% in mid-morning trading Equity futures firmed after the release of the day's early economic info, leading to a higher open for the broader market. The averages quickly accelerated to the upside and have continued to trend higher during the early going, with the Nasdaq now up over 1% and the other major averages just a bit behind. The Dow is up 142 points, the Nasdaq is up 50 points and the S&P is up 17 points.
Vanguard REIT ETF volatility at upper end of three-year range Vanguard REIT ETF overall option implied volatility of 18 compares to its 26-week average of 15 according to Track Data, suggesting large near term price movement.
SPDR S&P Oil and Gas Exploration and Production ETF volatility flat SPDR S&P Oil and Gas Exploration and Production ETF overall option implied volatility of 39 compares to its 26-week average of 38 according to Track Data, suggesting non-directional price movement as WIT oil is at a six-year low.