OptionsHouse

Options Trading News

April 10, 2013  Wed 2:14 AM CT

XLF: SEE CHART GET CHAIN FIND STRATEGIES
The economic calendar remains quiet today, with weekly mortgage applications and Federal Reserve minutes as the main events.

The Mortgage Bankers Association will release its numbers at 7 a.m. ET. The data could potentially affect homebuilding stocks.

The minutes of the last Fed meeting will be released at 2 p.m., which could move markets as traders seek clues on whether the central bank will reduce monetary stimulus.

China is also scheduled to issue trade-balance data before the market opens. The news is often viewed as a barometer for the global economy, so it could affect U.S. trading.

Attention shifts to consumers tomorrow, when monthly same-store sales and weekly jobless claims come out. Friday brings the Commerce Department's retail sales data and the University of Michigan's consumer sentiment number.
Share this article with your friends


Related Stories

XLF

Financial fund draws bullish trade

April 20, 2015

The SPDR Financial Sector Fund pulled back in Friday's market selloff after drifting higher all month, and traders are looking for the rally to resume for the rest of the year.

OptionsHouse

Premium Services

Education & Strategy

Basics of synthetic positions

Before we get into the 6 basic synthetic positions, there are some basic principles that are necessary to review and make it easier to understand Synthetic Positions. By clearly understanding these concepts, Synthetic Positions become rather easy...

View more education articles »