Futures suggest slightly lower open Stock futures are suggesting a lower open in what is looking like a potentially quiet day in the market. There is little scheduled for release on the domestic economic calendar, with the lone report of consequence being the University of Michigan consumer confidence reading that is due out shortly after the market opens. Investors will be watching for headlines out of the Ukraine heading into the weekend and most likely stepping to the sidelines so as not to be exposed to a potentially volatile situation.
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.