Tag Archives: frederic-ruffy

Frederic Ruffy submits: Sentiment Stocks are holding modest gains in another day of rather slow market action Monday. The consumer was in focus early after data showed spending up .3 percent in February, which was in-line with economist forecasts. Incomes were flat, and a bit less than the .1 percent uptick that had been forecast. The market didn’t show much reaction to the data. Meanwhile, major averages across Europe finished with modest gains on diminishing concerns about debt problems in Greece. The dollar fell, but gold and oil moved higher. Crude added $2.25 to $82.25 a barrel and gold gained $5 to $1094 an ounce. The Dow Jones Industrial Average has traded in another narrow 67-point range and is up 50 in the final hour. The NASDAQ added 8. The CBOE Volatility Index (.VIX) is up .04 to 17.81. Trading in the options market is on the light side. Approximately 4 million puts and 5.4 million calls traded so far. Complete Story