Trade, consumer data lead calendar
Bryan McCormick | firstname.lastname@example.org
There are two reports on the economic calendar--international trade and consumer sentiment--with the latter likely to draw the most market attention.
International Trade will be released at 8:30 a.m. ET. The trade gap is expected to come in little- changed, at -$43.5 billion. The range is from a gap of -$46 billion to -$40.3 billion. Unless the gap is significantly larger or smaller than this range, it isn't likely to have much impact.
The Reuters/University of Michigan Consumer Sentiment Survey come out at 9:55 a.m. ET. The expectation is for sentiment to rise to 66. The range expected is from a bearish 63 to a bullish 68.
Notable option activity in equities
May 14, 2015
Nearing the halfway mark in today's session, here are the individual equity names with unusual option activity on optionMONSTER's ActionTracker data system.
Bulls count on consumer strength
May 11, 2015
The exchange-traded fund briefly spiked to all-time highs in late April but then pulled back into a range that has been in place since March.