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


OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Education & Strategy

Market Level Making You Nervous, Huh? Part 3

In last week's article, we discussed how important the extra cash you save by using the Stock Replacement Strategy over buying the actual stock is! That extra cash in our account instead of being unnecessarily tied up in a stock position allows us to buy the puts we would need to protect our downside in the case of a major sell-off.

View more education articles »