Learn the trade here. Make it on tradeMONSTER

Options Trading News

December 21, 2012  Fri 1:47 AM CT

XLI: SEE CHART GET CHAIN FIND STRATEGIES
Durable goods and consumer sentiment are the two key reports on today's economic calendar.

Economists expect orders durable goods, defined as items intended to last more than three years, to have risen 0.2 percent in November versus 0.5 percent in the previous month. The so-called core number, which excludes volatile transportation orders, is expected to contract by 1.8 percent. The Commerce Department publishes the data at 8:30 a.m. ET.

Personal income for November is scheduled for the same time and is expected to show growth of 0.3 percent. This release rarely affects broader market sentiment.

The University of Michigan will release its final reading on December consumer sentiment at 9:55 a.m. Economists forecast an increase to 74.8 from 74.5.

Pharmacy giant Walgreen is also scheduled to release fiscal first-quarter earnings before the market opens.
Share this article with your friends


Related Stories

XLI

Industrials get vote of confidence

November 19, 2014

A large trader apparently believes that the SPDR Industrial Fund Industrial ETF will hold firm through early next year.

XLI

Bearish play targets industrial fund

November 17, 2014

A short-term put buyer appears to be betting that the SPDR Industrial Fund will pull back from the highs reached last week.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinar Series

Using Options for Income

Education & Strategy

Importance of learning the basics

Personally, I could never understand how so many option instructors start teaching strategies before explaining what an option is. I...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER