OptionsHouse

Options Trading News

March 4, 2013  Mon 1:16 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
This week's events calendar begins slowly, building to pivotal employment data on Friday. There are no major economic reports today.

German and Eurozone manufacturing numbers will be released early tomorrow morning, followed by the Institute of Supply Management's service-sector report at 10 a.m. ET.

The labor news begins on Wednesday with ADP's private sector report. Later that day investors will get factory orders and the Federal Reserve's Beige Book report.

Thursday features German manufacturers orders, February same-store sales for U.S. retailers, and weekly jobless claims. Japanese gross domestic product follows in the overnight session.

Monthly non-farm payrolls and unemployment data will be reported on Friday morning, one hour before the market opens.
Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

Timing the Trade

Both break outs and a break downs need to have a couple things happen before it is considered a confirmed break out or break down by technical definition!  The only problem is that in today's market where things move much more quicker than they did just a few years ago, two days could wind up being the majority of the expected movement, if not the whole movement.

View more education articles »