Industrial production only item on tap
David Russell | email@example.com
Industrial production is the only economic release on today's calendar.
The Federal Reserve will issue the report at 9:15 a.m. ET. Economists expect an increase of 0.1 percent for the month of October, down from 0.4 percent in September. Capacity utilization is also expected to remain unchanged at 78.3 percent.
Given that this release is relatively old, it usually has little impact on sentiment.
Industrials get vote of confidence
November 19, 2014
A large trader apparently believes that the SPDR Industrial Fund Industrial ETF will hold firm through early next year.
Bearish play targets industrial fund
November 17, 2014
A short-term put buyer appears to be betting that the SPDR Industrial Fund will pull back from the highs reached last week.