OptionsHouse

Options Trading News

February 15, 2013  Fri 1:47 AM CT

XLI: SEE CHART GET CHAIN FIND STRATEGIES
Today's economic calendar focuses on industrial data and consumer sentiment.

The Federal Reserve Bank of New York will release its Empire Manufacturing Index at 8:30 a.m. ET. Economists expect a reading of zero, up from -7.8 in January. The report seldom affects market sentiment because it covers a relatively limited geographical area.

The national Fed reports January industrial production at 9:15 a.m. ET. Forecasts are looking for an increase of 0.2 percent, slower than the 0.3 percent gain in December.

The University of Michigan follows with its gauge of consumer sentiment at 9:55 a.m. ET. Economists expect a reading of 73.5, slightly lower than 73.8 last month.

U.S. markets will be closed on Monday in observance of Presidents Day.
Share this article with your friends


Related Stories

XLI

Caution reigns for industrial fund

August 19, 2015

The SPDR Industrial fund has been unable to break its declining 50-day moving average, and traders are rolling puts forward in time.

OptionsHouse

Premium Services

Archived Webinar

Education & Strategy

Options Academy: Ron's Risk Calculation--A Real Life Example

It is rare that I get a chance to give a real-life, real-time example in my articles that the readers were not only following but were actually involved in at the time the event is happening. Well, that is where we are right now in our QQQ trade from last week. Let's recap the trade itself.

View more education articles »