OptionsHouse

Options Trading News

November 6, 2012  Tue 1:16 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
There are no economic events on today's calendar, and attention will likely focus on politics.

The big event will be the U.S. presidential election, with most analysts expecting a positive response if Republican Mitt Romney defeats incumbent Democrat Barack Obama. Results of the election won't be known until after the market is closed, so it could have more impact tomorrow than today.

Also tomorrow, Greece's parliament will vote on unpopular austerity measures needed for the country to emerge from its debt crisis. If Romney wins and the Greek legislation passes, stocks could rally, while the opposite could be true if Obama prevails and the austerity package fails.

Economic data will return to relevance on Thursday with the release of weekly jobless claims, followed by consumer sentiment Friday morning.
Share this article with your friends


Related Stories

SPX

Stocks drop amid Greek impasse

March 31, 2015

S&P 500 futures are down 0.6 percent, similar to moves in Europe. Tokyo and Shanghai fell about 1 percent overnight, while commodities and currencies are showing risk aversion.

SPX

Consumer confidence tops docket

March 31, 2015

Today brings of mix of potentially important economic news, including consumer confidence, home prices, and the Chicago Purchasing Managers Index.

SPX

Stocks climb with gains overseas

March 30, 2015

S&P 500 futures are up half a percent, while most of Europe is up more than a full percentage point. Shanghai kicked off the move overnight with stimulus hopes and central-bank comments.

SPX

Busy calendar for shortened week

March 30, 2015

Attention will probably focus on Greece today after leaders in Athens promised to deliver a list of potential reforms needed for the debt-laden country to receive further aid.

SPX

Stocks drifting at bottom of range

March 27, 2015

S&P 500 futures are off 0.1 percent, while European markets are mostly higher. Asia was mixed overnight. Oil and metals are under pressure as the euro surrenders some of its recent gains.

Invest Like a Monster - San Diego: June 26-27

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Archived Webinar

Education & Strategy

Short Gamma

Last week, we talked about long Gamma. We said that long gamma is acquired by purchasing options and when you...

View more education articles »