OptionsHouse

Options Trading News

September 16, 2013  Mon 1:16 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
The Federal Reserve's announcement on Wednesday is the main event on this week's calendar, though other items are worthy of attention.

Today the New York Fed's regional Empire manufacturing index comes out at 8:30 a.m. ET. While it's unlikely to affect sentiment, the report is a forward-looking indicator of economic growth. Forecasters anticipate a reading of 9, up from 8.6 last month.

Industrial production for August follows at 9:15 a.m. ET but seldom moves markets because it can be predicted based on existing data. Economists are looking for a gain of 0.5 percent, compared with a flat reading in July.

Tomorrow brings Germany's Zew survey of economic sentiment and the U.S. consumer price index. Adobe Systems announces earnings after the closing bell.

Wednesday's schedule starts early with quarterly results from FedEx and General Mills. Weekly mortgage applications and housing starts provide color on the state of residential real estate, and the Fed's big monetary announcement comes in the afternoon. Attention will focus on how much the central bank plans to taper bond purchases. Software giant Oracle reports after the closing bell. Wednesday evening also brings Australian economic-growth numbers, which are often viewed as a window into China.

Initial jobless claims, existing-home sales and the Philadelphia Fed's regional index are the main events Thursday. ConAgra and Rite Aid report in the morning, and Tibco Software follows in the evening.

There are no economic reports on Friday, but Darden Restaurants will announce earnings before the start of 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

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 »