OptionsHouse

Options Trading News

July 31, 2013  Wed 1:47 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Today's calendar is packed with economic data and corporate earnings.

German retail sales and European unemployment could affect market sentiment early in the session, but the first big U.S. release is ADP's private-sector payroll report at 8:15 a.m. ET.

Economists expect that 175,000 jobs were added in July, down from 188,000 the previous month. Traders will probably view the reading as an early indicator of the key non-farm payroll report from the government on Friday morning.

Second-quarter gross domestic product follows at 8:30 a.m. ET. It is expected to show growth slowing to 1.1 percent from 1.8 percent in the previous period.

The next event is the Chicago Purchasing Managers Index at 9:45 a.m. ET. Economists forecast a reading of 51.5, down from 51.6 in June.

The Federal Reserve's interest-rate decision and policy statement at 2 p.m. ET are perhaps the most important event of the session. Attention will focus closely on how aggressively the central bank plans to taper quantitative easing.

Earnings will be released in the morning by companies including Anheuser-Busch Inbev, Comcast, Humana, Huntsman, Hospira, MasterCard, and Phillips 66. CBS, Ctrip.com, Lam Research, Marriott, Williams, and Yelp follow after the closing bell.
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 »