OptionsHouse

Options Trading News

December 14, 2012  Fri 1:16 AM CT

XLY: SEE CHART GET CHAIN FIND STRATEGIES
Today's economic calendar is uneventful, with two relatively unimportant events scheduled.

The Bureau of Labor Statistics will release the November consumer price index at 8:30 a.m. ET. Inflation hasn't been a worry for investors recently and is unlikely to affect broader market sentiment.

Economists anticipate that prices overall will decline by 0.2 percent versus a 0.1 percent gain in October. The so-called core reading, which excludes food and energy, is expected to rise about 0.4 percent.

The Federal Reserve will report industrial production at 9:15 a.m. ET, but activity levels for November are already known from previous reports. Forecasters expect growth of about 0.4 percent.

The biggest news may actually occur well before the market opens when China's HSBC flash PMI manufacturing index is released overnight. The data could affect trading this morning, especially in commodities.
Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

Using spreads to minimize risk

Last week we discussed the risk vs reward profile of a debit call spread in Wells Fargo (WFC). This week we will run thru the risk vs reward of selling a credit put spread to achieve the same exposure of that debit call spread.

View more education articles »