April 23, 2015 Market Wrap Up

The S&P 500, DOW, and the NASDAQ all closed higher today. For the NASDAQ, it was an all-time high. The VIX is now near it’s 52-week lows, closing at 12.47.

Crude oil futures closed the day relatively strong; the United States Oil ETF (USO) settled in at $19.76, a gain of more than 2%.

On the options front, we saw bullish call buying in ChannelAdvisor Corporation (ECOM), Bearish option bets were made in Cooper Tire and Rubber Co (CTB). It’s worth noting, a lot of the option activity is related to pre- and post-earnings, making it difficult to read.

If you’re looking for stocks to play tomorrow, you’ll have to pay attention to companies that have recently had earnings. For example, Amazon, Google, Pandora Media Inc, and Starbucks Corporation.

Here’s what’s on tap for tomorrow.

Key Economic Data:
24 April 2015- Durable Goods Orders 8:30 AM ET

Key Earnings:
23 April 2015- (Released This Evening) ALTR, AMZN, AWAY, CB, EW, FSL, GOOG, JNPR, MSFT, NEM, P, QLIK, SBUX
24 April 2015- AZN, BIIB, INFY, LEA, SPG, TYC