Options Trading News

October 11, 2013  Fri 2:45 AM CT

Bank earnings and consumer sentiment are the main events on today's calendar.

JP Morgan and Wells Fargo both issue quarterly results before the opening bell. The University of Michigan releases its consumer-sentiment report at 9:55 a.m. ET. Economists expect a reading of 74.5, down from 77.5 last month. A higher figure would be bullish and a lower number bearish.

Political events in Washington could also affect sentiment, but most of the short-term fear has been removed after House Republicans agreed to a tentative increase in the country's debt limit yesterday.

The federal government remains shut because a budget hasn't been passed, so other reports such as monthly retail sales will not be released. That also leaves next week's schedule relatively quiet for U.S. data, but other countries are active.

China announces its trade numbers late this evening, which could affect sentiment Monday morning, when the Eurozone also publishes industrial-production numbers.

Earnings get busy next Tuesday, with results scheduled in the morning from Citigroup, Johnson & Johnson and Coca-Cola. CSX, Intel, and Yahoo follow in the evening. Germany's Zew economic survey also comes early in the morning.

Wednesday features Bank of America, Bank of New York Mellon, Blackrock, Pepsico, and U.S. Bancorp in the morning. American Express, eBay, IBM, and Xilinx follow in the afternoon.

Thursday's big names include Goldman Sachs, United Healthcare, Union Pacific, and Verizon Communications in the morning. After the bell come Capital One, Google, and Intuitive Surgical. Chinese industrial production will also be announced in the evening.

Friday brings results from General Electric, Honeywell, Ingersoll-Rand, Morgan Stanley, and Textron.
Share this article with your friends

Related Stories


Stocks fall after Russian jet downed

November 24, 2015

S&P 500 futures are down 0.6 percent, while most of Europe has fallen more than 1 percent. Asian markets were little-changed.


GDP, consumer confidence on tap

November 24, 2015

The second reading on third-quarter GDP is scheduled for 8:30 a.m. ET. Forecasters anticipate growth of 2 percent, up from the previously reported 1.5 percent gain.


Stocks drift into busy week of data

November 23, 2015

S&P 500 futures are little-changed, while most of Europe is fractionally lower. Asia also posted small losses overnight. There's also significant volatility in oil.


Busy docket before Thanksgiving

November 23, 2015

Today brings the Chicago Federal Reserve's regional activity index at 8:30 a.m. ET and existing home sales at 10 a.m. ET.


Momentum continues for stocks

November 20, 2015

S&P 500 futures are higher by 0.3 percent, while most of Europe is little-changed. Asia was also mostly flat overnight.


Premium Services

Education & Strategy

The art of trading

As I stated in last week's article, a break out or a break down needs to have a couple things happen before it is considered a confirmed break out or break down. The only problem is that in today's market where things move much more quicker than they did just a few years ago, two days could wind up being the majority of the expected movement, if not the whole movement.

View more education articles »