Learn the trade here. Make it on tradeMONSTER

Options Trading News

September 10, 2013  Tue 1:47 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Today's main economic event occurred during the overnight session when China reported industrial production and retail sales.

The only other item on the calendar was Italian gross domestic product, also released early in the morning.

Both events have the potential to add to recent sentiment that the global economy is improving. Their impact could be felt most strongly in materials stocks and funds that track overseas assets such as the iShares MSCI Emerging Markets (EEM) emerging-markets fund.

In addition to the headlines, attention will focus on the possibility of military conflict with Syria. President Obama is scheduled to address the country in favor of an attack tonight, followed by a possible  Senate vote on the matter as early as tomorrow. So far, the political tide and public opinion have turned against war.

The next busy day for economic news is Thursday, featuring European industrial production and initial jobless claims. Friday brings retail sales and consumer sentiment. 
Share this article with your friends


Related Stories

SPX

Strong earnings push futures higher

October 23, 2014

Caterpillar is up more than 4 percent after blowing out estimates. General Motors, 3M, Southwest Airlines, Comcast, and Eli Lilly are higher as well.

SPX

Jobless claims, earnings top docket

October 23, 2014

Jobless claims will be reported at 8:30 a.m. ET. The pre-market earnings lineup includes General Motors, 3M, Eli Lilly, Union Pacific, Celgene, Comcast, American Airlines, and Under Armour.

SPX

Large spread hedges S&P 500

October 22, 2014

A put spread in the S&P 500 Index is looking at the possibility of a huge market decline by early next year. This is very likely what is known as a "tail-risk hedge."

SPX

Stocks pause after quick rebound

October 22, 2014

S&P 500 futures are essentially flat, while most of Europe is higher by less than half a percent. Most of Asia rallied overnight, led by a 2.6 percent surge in Tokyo.

SPX

Earnings, mortgage data on docket

October 22, 2014

Boeing, Dow Chemical, EMC, Ingersoll-Rand, General Dynamics, and Norfolk Southern announce their results before the opening bell.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Make Money in a Volatile Market

Education & Strategy

Vexed by the VIX

Many people probably don't know that the calculation changed for the CBOE Volatility Index this week, but it's worth discussing...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER