Options Trading News

June 6, 2013  Thu 3:47 AM CT

Today's economic calendar focuses on European monetary policy, same-store sales, and initial jobless claims.

The European Central Bank will announce its interest-rate decision at 7:45 a.m. ET, which could affect sentiment early in the session. No change is expected.

The Labor Department will release weekly jobless claims at 8:30 a.m. ET. Economists forecast that 348,000 Americans sought unemployment benefits last week, down from 354,000 in the previous period. Lower readings would be considered positive because it would mean that fewer people have lost their jobs.

Retailers will report same-store sales individually throughout the morning, which could affect trading in that industry.

Attention on Friday focuses on the pivotal non-farm payrolls report.
Share this article with your friends

Related Stories


Bears shop for downside in retail

November 23, 2015

The SPDR S&P Retail Fund is back to the same area where it bounced during the summer, which could make some chart watchers expect resistance.


Notable option activity in equities

November 23, 2015

Nearing the halfway mark in today's session, here are the individual equity names with unusual option activity on optionMONSTER's ActionTracker data system.


Premium Services

Education & Strategy

The art of trading

As I stated in last week's article, a break out or a break down needs to have a couple things happen before it is considered a confirmed break out or break down. The only problem is that in today's market where things move much more quicker than they did just a few years ago, two days could wind up being the majority of the expected movement, if not the whole movement.

View more education articles »