Pre-Market Indicators - PMI280912

Pre-Market Indicators September 28th, 2012

Good Friday Morning NY.

The CBOE Equity and Index put-call ratios are updated, here. The ratios are low but levels recently normal, Equity at .60. It has been lower 20% of the time, and Index at 1.03 which has been lower only 15% of the time since June 2011. Here’s a decent article on why this lack of volatility is worrying, and possibly what’s causing it. (FT)

The markets look mixed, but feel red. That combination is going to make for an interesting Friday.

On tap: Personal Income/Spending, PCE Prices – Core, Chicago PMI, Michigan Sentiment.

  • EURUSD (1.2931) + 0.15%
  • Gold Futures (GC)  + 0.09%
  • Oil Futures(CL) + 0.22%
  • S&P Futures (ES)   0.33%
  • CAC40 – 0.92% 
  • FTSE  0.03%
  • Asia (NKD)  1.34%
  • Copper Futures (HG) + 0.45%
  • Silver Futures (SI) + 0.25%
  • VIX: Close 14.84

Pre-Market Indicators - PMI280912