OptionsHouse

Options Trading News

April 26, 2013  Fri 1:47 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
After a few sessions dominated by earnings, the macro economy returns to focus in the next week.

First-quarter gross domestic product is the big headline today, scheduled for 8:30 a.m. ET. Forecasters expect growth of 2.8 percent, up from 0.4 percent in the last three months of 2012. A lower number would likely be interpreted bearishly.

The University of Michigan issues its consumer-sentiment index at 9:55 a.m. ET. Economists predict a reading of 72.4, up from the 72.3 reported previously. It's the final revision of an earlier report, so is unlikely have a broad impact on sentiment.

Next week brings the Case-Shiller Index of home prices on Tuesday. Things get more active on Wednesday with the Institute of Supply Management's key monthly index, plus ADP's private-sector jobs data and the Federal Reserve's monetary announcement. The calendar then builds to the key non-farm payrolls report Friday morning.
Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

The Problem with Trading Earnings

AP Options specializes in Swing Trading. Swing trading is the art of locating short term, quick, aggressive movements in a stock normally created by the technicals but, can be sometimes created by the fundamentals. These trades, at least in this service, last a couple of days to a week in the majority of cases.

View more education articles »