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April 17, 2013  Wed 2:14 AM CT

XLF: SEE CHART GET CHAIN FIND STRATEGIES
Today's calendar is dominated by quarterly results as earnings season gets into full swing.

Companies including Bank of America and Textron issue their reports this morning. American Express and eBay will follow after the closing bell.

There are three economic releases. The Mortgage Bankers Association will report weekly loan applications at 7 a.m. ET, which could move housing stocks. The Energy Department will announce crude-oil inventories at 10:30 a.m. ET.

The most important will probably be the Federal Reserve's Beige Book of economic activity at 2 p.m. The report is a survey of economic conditions across the country.
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Options Academy: Ron's Risk Calculation--A Real Life Example

It is rare that I get a chance to give a real-life, real-time example in my articles that the readers were not only following but were actually involved in at the time the event is happening. Well, that is where we are right now in our QQQ trade from last week. Let's recap the trade itself.

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