Learn the trade here. Make it on tradeMONSTER

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 pause after quick rebound

October 22, 2014

S&P 500 futures are essentially flat, while most of Europe is higher by less than half a percent. Most of Asia rallied overnight, led by a 2.6 percent surge in Tokyo.

SPX

Earnings, mortgage data on docket

October 22, 2014

Boeing, Dow Chemical, EMC, Ingersoll-Rand, General Dynamics, and Norfolk Southern announce their results before the opening bell.

SPX

Stocks higher on sentiment, earnings

October 21, 2014

S&P 500 futures are up 0.6 percent, while the Nasdaq advanced 0.9 percent after strong iPhone sales caused Apple to beat expectations. European markets advanced by 1.5 to 2.3 percent.

SPX

Agenda keeps focus on earnings

October 21, 2014

McDonald's, Coca-Cola, Lockheed Martin, Verizon Communications, United Technologies, and Harley Davidson release their numbers this morning.

SPX

Futures follow Europe, IBM lower

October 20, 2014

S&P 500 futures are down about 0.2 percent. Frankfurt, Paris, and London are all down more than 1 percent amid poor quarterly results, weak trade numbers, and persistent deflationary pressures.

Premium Services

Free Webinars

Make Money in a Volatile Market

Education & Strategy

Vexed by the VIX

Many people probably don't know that the calculation changed for the CBOE Volatility Index this week, but it's worth discussing...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER