OptionsHouse

Options Trading News

October 11, 2013  Fri 2:45 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
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

SPX

Stocks try to rebound from drop

May 27, 2015

S&P 500 futures are up almost 0.1 percent after the index had its biggest drop in three weeks. European markets gained about 0.5 percent.

SPX

Mortgage data, Costco on docket

May 27, 2015

Weekly mortgage applications at 7 a.m. ET are the only data report. Michael Kors, Tiffany, Toll Brothers, and Cisco are scheduled to announce quarterly results.

SPX

Futures churn before key numbers

May 26, 2015

S&P 500 futures are off less than 0.1 percent, while indexes across the Atlantic were mixed. Asia continued to rally, led by a 2 percent gain in Shanghai.

SPX

Durable goods, consumer data due

May 26, 2015

Investors return from Memorial Day to a busy calendar. Today brings two major events with the potential to move markets: durable-goods orders and consumer confidence.

SPX

Stocks drift before long weekend

May 22, 2015

S&P 500 futures are unchanged, and European indexes are mixed. Shanghai surged almost 3 percent overnight, Seoul was up more than 1 percent.

Invest Like a Monster - San Diego: June 26-27

Premium Services

Archived Webinar

Education & Strategy

Long synthetic call

Long and short Synthetic stock are two of the six basic synthetic positions that exist. Number three on our list is the Synthetic Long Call...

View more education articles »