OptionsHouse

Options Trading News

July 26, 2013  Fri 2:14 AM CT

XLY: SEE CHART GET CHAIN FIND STRATEGIES
Revised consumer-sentiment data is the only economic report on today's calendar.

The University of Michigan's survey for July will be released at 9:55 a.m. ET and is expected to come in at 84.0, up slightly from the previous 83.9 reading. The final number for June was 84.1.

Corporate earnings will likely continue dominating headlines, but the number of reports will be much lower than yesterday's onslaught. Among those companies reporting quarterly results before the open are Tyco, LyondellBasell, KKR, Lear, Weyerhaeuser, Stanley Black & Decker, and Newell Rubbermaid.
Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

Timing the Trade

Both break outs and a break downs need to have a couple things happen before it is considered a confirmed break out or break down by technical definition!  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 »