OptionsHouse

Options Trading News

November 2, 2012  Fri 1:32 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Today's calendar is dominated by the monthly employment report one hour before the market opens.

Economists anticipate that non-farm payrolls grew by 125,000 jobs in October, following a gain of 114,000 in September. The unemployment rate, which is derived separately, is expected to increase to 7.9 percent from 7.8 percent.

The Bureau of Labor Statistics will publish the data at 8:30 a.m. ET. It follows a strong ADP private-sector report and better-than-expected jobless claims yesterday.

Germany, France, and the Eurozone will release manufacturing data overnight that could potentially affect sentiment. Economists are looking for continued contraction.

The Commerce Department's report on factory orders is the last and least important data today,  scheduled for release at 10 a.m. ET. Given that it covers September, it is now relatively old and is unlikely to affect trading.
Share this article with your friends


Related Stories

SPX

Stocks inch lower on mixed news

July 31, 2015

S&P 500 futures are off 0.1 percent, mostly tracking the moves in Europe. Asia was mostly higher, led by again of 1.5 percent in Mumbai, though Shanghai dropped 1.1 percent.

SPX

Chicago PMI, energy earnings due

July 31, 2015

Chicago PMI is expected to show a reading of 50.5 for July, up from 49.4 in the previous month. Exxon Mobil and Chevron announce results before the opening bell.

SPX

Stocks slide on weak GDP report

July 30, 2015

S&P 500 futures are down about 0.3 percent, while European indexes are higher by about 0.5 percent. Asia was mixed overnight, Tokyo up 1 percent but Shanghai down 2 percent.

SPX

Preliminary GDP leads calendar

July 30, 2015

Economists are looking for growth of 2.5 percent in the second quarter, compared with a 0.2 percent drop between January and March.

SPX

Futures keep rising before Fed

July 29, 2015

S&P 500 futures are up 0.2 percent while European markets are fractionally higher. Shanghai was the biggest mover in Asia overnight, climbing 3 percent.

Invest Like a Monster - San Antonio: October 9-10

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Archived Webinar

Education & Strategy

Options Academy: At the Break

So far, my articles have taken you through a logical progression of option theory and fundamental concepts of options. As of yet, I have not mentioned a single strategy and for a good reason! The actual application of a strategy should come AFTER you learn about the option product itself.

View more education articles »