OptionsHouse

Options Trading News

October 15, 2013  Tue 3:16 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Today's calendar features key earnings and some economic events of moderate importance, but politics remain the key catalyst.

Senators are expected to meet at 11 a.m. ET in hope of finding an agreement to raise the federal debt ceiling. A successful deal would likely spur confidence and draw buyers to the market, while continued delay could trigger selling.

Financial titan Citigroup, health-care blue-chip Johnson & Johnson and beverage giant Coca-Cola all report before the opening bell. Railroad CSX, semiconductor maker Intel, and Internet heavyweight Yahoo follow in the afternoon.

The first economic report comes from Germany, where the country's Zew Institute will release its monthly economic-sentiment index early in the morning. The New York Federal Reserve follows with its Empire manufacturing Index at 8:30 a.m. ET. Forecasters expect a reading of 4.5, down from 6.3 in September. While the number seldom affects broader sentiment, it provides color on the direction of the economy.
Share this article with your friends


Related Stories

SPX

Stock bulls look past Greek elections

January 26, 2015

S&P 500 is down less than 0.1 percent, but the Nasdaq 100 is slightly positive ahead of earnings from Microsoft and Apple. European indexes have also turned solidly higher.

SPX

Today's agenda is calm before storm

January 26, 2015

Today is the quietest session, featuring only Germany's Ifo index of business confidence. D.R. Horton, Norfolk Southern, Seagate Technology, and Texas Industruments announce quarterly results.

SPX

Cramer: Possible signs of flash crash

January 23, 2015

The insanity and inanity of these market moves wrecks confidence and wants everyone to pay less for stocks--with the exception of the pure domestic plays.

SPX

Stocks hold gains after ECB move

January 23, 2015

S&P 500 futures are up 0.2 percent, while Germany and France led the winners across the Atlantic with gains of roughly 2 percent. Most Asian indexes rose about 1 percent in the overnight session.

SPX

Calendar is quiet before busy week

January 23, 2015

Today's calendar is relatively quiet, with attention potentially turning toward Greek elections this weekend. Existing home sales at 10 a.m. ET are the only U.S. data scheduled for release.

Invest Like a Monster - Las Vegas: March 13-14

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinar

Option Money Machine Winter Classic

Education & Strategy

Rolling in possibilities!

First of all, we want to wish everyone a happy, healthy, and prosperous New Year!  Our plan was to get...

View more education articles »