Learn the trade here. Make it on tradeMONSTER

Options Trading News

June 28, 2013  Fri 1:47 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Japanese data could be the main event on today's calendar.

The country was scheduled to report household spending, industrial production, and retail sales during the overnight session. Given the importance of the Nikkei in the global rally earlier this year, the data could affect stock prices on Friday.

The Chicago purchasing managers index at 9:45 a.m. ET is the main event on today's U.S. economic calendar. Economists expect a reading of 55.5, down from 58.7 in May. The report probably won't affect market sentiment but does provide clues about the strength of the broader economy.

The University of Michigan issues the final revision of June consumer sentiment 10 minutes later, which is also unlikely to affect trading. In addition, Research In Motion reports quarterly results before the opening bell.

Next week brings several big economic reports: the Institute of Supply Management's activity index on Monday, private-sector payrolls on Wednesday, and non-farm payrolls on Friday. U.S. markets also be closed on Thursday in observance of Independence Day.
Share this article with your friends


Related Stories

SPX

Stocks slip before Fed, ECB speeches

August 22, 2014

S&P 500 futures are off 0.1 percent, while Europe is down about 0.5 percent. Asia was mostly higher overnight as Hong Kong, Shanghai, Seoul, and Mumbai eked out fractional gains.

SPX

Yellen, Draghi dominate calendar

August 22, 2014

U.S. Federal Reserve Chair Janet Yellen will speak at 10 a.m. ET, followed by European Central Bank President Mario Draghi at 2:30 p.m. ET.

SPX

S&P 500 at new highs as VIX slips

August 22, 2014

Stocks remained bullish yesterday, with the S&P 500 inching to new record highs as the CBOE Volatility Index reversed early gains.

SPX

Stocks stay bullish near record highs

August 21, 2014

S&P 500 futures is up about 0.2 percent while Europe is higher across the board, led by Italy and Spain. Asia was mostly lower overnight, but Japan's Nikkei surged almost 1 percent.

SPX

Mix of data ahead of Jackson Hole

August 21, 2014

Initial jobless claims at 8:30 a.m. ET are the first U.S. data headline today. Economists expect a reading of 308,000, down from 311,000 the previous week.

Premium Services

Education & Strategy

Repairing losers with ratio spreads

Last week we mentioned the "stock repair strategy." This week is a good time to follow up, given the action...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER