Learn the trade here. Make it on tradeMONSTER

Options Trading News

June 6, 2013  Thu 3:47 AM CT

XRT: SEE CHART GET CHAIN FIND STRATEGIES
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

XRT

Trader is looking for retail to cool

November 14, 2014

One trader is positioning for a possible move lower in the SPDR Retail Fund, which reached an all-time high yesterday.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinar Series

Using Options for Income

Education & Strategy

Importance of learning the basics

Personally, I could never understand how so many option instructors start teaching strategies before explaining what an option is. I...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER