Learn the trade here. Make it on tradeMONSTER

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

Stocks rally on strong GDP growth

July 30, 2014

S&P 500 futures accelerate to the upside after second-quarter economic growth and ADP's payroll report beat estimates.

SPX

GDP, Fed, job data lead calendar

July 30, 2014

ADP's private-sector payrolls report for July gets the ball rolling at 8:15 a.m. ET, followed 15 minutes later by second-quarter GDP. The Fed announces its monetary policy at 2 p.m. ET.

SPX

Stocks inch higher ahead of data

July 29, 2014

S&P 500 futures are up more than 0.1 percent, and the Nasdaq is higher by almost 0.2 percent. Europe shows gains of about 0.5 percent, similar to those in Asian markets overnight.

SPX

Home prices, consumer data on tap

July 29, 2014

The Case-Shiller index of home prices, scheduled for release at 9 a.m. ET, is expected to show an increase of 10 percent in May. Consumer confidence follows an hour later.

SPX

Futures slip as market awaits news

July 28, 2014

S&P 500 futures are down about 0.1 percent, while Europe is mixed. Shanghai gained more than 2 percent ovenright after Chinese data showed industrial profit growth almost doubling in June.

Premium Services

Free Webinars

Education & Strategy

Why traders hedge with sector ETFs

Many people who are not familiar with options think that they increase risk, but their first and primary purpose is...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER