OptionsHouse

Options Trading News

January 16, 2013  Wed 1:16 AM CT

JPM: SEE CHART GET CHAIN FIND STRATEGIES
Today's event calendar focuses on bank earnings and the Federal Reserve's Beige Book report.

JP Morgan and Goldman Sachs are both scheduled to release fourth-quarter results this morning. Financials have been the strongest sector in the market in the last six months, so the numbers could have a big impact on broader sentiment.

Other data points today include weekly mortgage applications at 7 a.m. ET and consumer-price inflation at 8:30 a.m. ET. Neither is likely to affect the market directly, though especially strong or weak mortgage data could move homebuilders.

The Federal Reserve will release industrial-production figures for December at 9:15 a.m. ET. While economists expect an increase of just 0.2 percent, down from 1.1 percent in the previous month, the report seldom moves share prices because it is already old.

Weekly data on crude-oil storage levels will be released at 10:30 a.m. ET, which could move energy prices.

The last big report comes at 2 p.m. ET, when the Fed publishes its Beige Book report, a survey of economic conditions across the country.
Share this article with your friends


Related Stories

JPM

Large bullish trade in JP Morgan

June 16, 2015

The banking giant is near record highs, and one major investor is repositioning for even more gains with a large call roll.

JPM

Bullish earnings play in JP Morgan

June 11, 2015

The bank, which is up more than 13 percent in the last three months, has rallied with the rest of the financial sector as interest rates have risen.

Invest Like a Monster - San Antonio: October 9-10

Premium Services

Archived Webinar

Education & Strategy

Real vs. Synthetic

We now know that there are two ways of creating a call position, a put position, and a stock position. We can simply use the actual real security or we can recreate it synthetically. We can create these positions in both long and short forms and this ability sets up an interesting scenario--an arbitrage!

View more education articles »