OptionsHouse

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 keep falling after GDP miss

January 30, 2015

S&P 500 futures are down 0.7 percent, while European indexes are fractionally lower. Asia closed mostly lower, led by drops of 1.5 percent to 2 percent in Mumbai and Shanghai.

SPX

GDP, MasterCard on busy calendar

January 30, 2015

The gross domestic product report, due at 8:30 a.m. ET, is especially important because it's the first estimate for the final three months of 2014.

SPX

Stocks trying to recover from selloff

January 29, 2015

S&P 500 futures were up 0.5 percent but are now up just slightly. Europe has also surrendered earlier gains. Japan and China both fell more than 1 percent overnight.

SPX

Jobless claims, earnings on docket

January 29, 2015

Initial unemployment filings, the first item on this side of the Atlantic, are expected to show a reading of 301,000, compared with 307,000 in the previous period.

SPX

Stocks rally on earnings before Fed

January 28, 2015

S&P 500 futures are up 0.4 percent, while strong earnings from Apple have lifted the Nasdaq 100 more than 1 percent. European indexes are modestly lower, and Asia was little-changed overnight.

OptionsHouse

Premium Services

Archived Webinar

Option Money Machine Winter Classic

Education & Strategy

The rolling technique

In the January 7th edition of Advantage Point, we initiated the purchase of a second week-out GOOGL 535 put at...

View more education articles »