tradeMONSTER: Trade free for 90 days

Options Trading News

November 29, 2012  Thu 1:45 AM CT

RTH: SEE CHART GET CHAIN FIND STRATEGIES
Today's calendar draws attention back to the U.S. economic data.

More than a dozen retailers will report November comparable-store sales in the pre-market session, which will likely affect sentiment toward consumer-discretionary stocks. Early results from the holiday shopping season have been strong so far.

Initial jobless claims are scheduled for 8:30 a.m. ET. Economists forecast a decline to 390,000 from 410,000 last week. A significantly lower reading could boost sentiment, while a higher figure could be bearish.

The Commerce Department will release its second estimate for third-quarter gross domestic product at the same time. Forecasts look for the figure to be revised up to 2.8 percent from the 2 percent announced earlier.
Share this article with your friends


tradeMONSTER: Trade free for 90 days

Premium Services

Archived Webinar

The Art of Trading: Forgiving the Spread

Education & Strategy

Know thy Greeks!

One of the most important roles played by the Option Pricing Model is the calculation of an important family of...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER