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April 9, 2013  Tue 1:47 AM CT

NDX: SEE CHART GET CHAIN FIND STRATEGIES
There are no important economic events on the calendar today, so attention is likely to focus on corporate news as earnings season gets under way.

Tomorrow brings mortgage applications in the morning and minutes of the Federal Reserve's last meeting in the afternoon. Retail comes into focus on Thursday as companies such as TJX and Gap report same-store sales for March. Weekly jobless claims are also on the schedule.

The Commerce Department will report its own retail numbers Friday morning, which will also bring JP Morgan's quarterly results and University of Michigan's consumer sentiment data.
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Education & Strategy

Gamma

As we continue to discuss the Greeks, we come to the first of the strike based Greeks called Gamma. Gamma is known as the second derivative, while delta is the first.

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