The Must-Watch VIX Level

Oil prices are poised for a third straight gain

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Opening View
 
 

4/02/2019

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Dow Futures Turn Lower After Durable Goods Data

By Karee Venema

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Dow Jones Industrial Average (DJI) futures are struggling for direction today, after the big-cap index logged major gains in Monday's trading. There's plenty for traders to digest today, including March auto sales data and a slimmer-than-expected 1.6% drop in durable goods orders from February -- marking their first decline in four months. Additionally, oil prices remain in focus, with May-dated crude futures eyeing a third straight gain, up 0.4% at $61.86 per barrel. While Dow futures were last seen lower on a negative earnings reaction for Walgreens Boots Alliance (WBA), the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are signaling positive opens.

Continue reading for more on today's market, including: 

  • Why bulls must watch the VIX 18 level, according to Schaeffer's Senior V.P. of Research Todd Salamone.
  • A C-suite shake-up sent this stock to the bottom of the Nasdaq.
  • Options volume spiked as Puma Biotechnology stock sold off.
  • Plus, the Netflix pullback is a "good buying opportunity"; Whole Foods slashes prices; and a drug stock set to sink.
>> Continue reading...
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