Learn the trade here. Make it on tradeMONSTER

Options Trading News

November 27, 2013  Wed 1:47 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Today has several economic reports before trading winds down for Thanksgiving tomorrow.

MBA's mortgage-purchase applications are the first item at 7 a.m. ET, followed by three bigger reports at 8:30 a.m. ET.

Durable-goods orders for October are expected to contract by 2.2 percent, compared with a 3.8 percent gain in the previous month. Excluding the volatile transportation sector, economists are looking for a 0.2 percent increase.

Initial jobless claims, moved forward by one day because of the holiday tomorrow, are forecast to increase to 330,000 from 323,000 in the previous week. Lower numbers are bullish for the economy because they would mean that fewer Americans had lost their jobs.

The Chicago Federal Reserve's regional economic activity index also comes out at 8:30 a.m. ET. The Chicago purchasing managers index follows at 9:45 a.m. and is expected to drop to 58 from 65.9 in October.

The market re-opens for a half-day of trading on Friday, closing at 1 p.m. ET.

Next week's calendar is packed with macroeconomic events, starting with Chinese and European manufacturing numbers before Monday's opening bell. The Institute for Supply Management's key monthly index of manufacturing activity will be released 30 minutes into the session.

Wednesday brings ADP's private-sector payrolls report, new home sales, and the Fed's beige book survey of economic conditions.

Thursday features the European Central Bank's monetary announcement and initial jobless claims. The schedule climaxes with non-farm payrolls and consumer sentiment Friday morning.
Share this article with your friends


Related Stories

SPX

Futures spike up on central banks

November 21, 2014

S&P 500 futures are up 0.8 percent, but Europe is leading the charge with a move of more than 2 percent. Central bankers in China and Europe fueled the moves.

SPX

Quiet agenda before Thanksgiving

November 21, 2014

Today's calendar is empty, followed by a busy week heading into Thanksgiving next Thursday. The only items are quarterly results from Foot Locker and ANN.

SPX

Stocks pull back on weak global data

November 20, 2014

S&P 500 futures are down 0.4 percent, but the losses are much sharper in Europe. Australia was the only big mover in the Asia-Pacific region, with a drop of 1 percent overnight.

SPX

Economic, company news on tap

November 20, 2014

Initial jobless claims and consumer prices for October get the ball rolling at 8:30 a.m. ET. Best Buy, Dollar Tree, GasLog, and JinkoSolar announce quarterly results before the opening bell.

SPX

Stocks hold firm before housing data

November 19, 2014

S&P 500 are little-changed, fighting back from modest losses earlier in the morning. Italy and Germany are the biggest movers across the Atlantic, while Asia was moderately lower overnight.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Webinar Playback

eSignal "Back in Black": Multi-Speaker Free Webinar

Education & Strategy

Some things aren't what they seem

As we scan the Heat Seeker, Depth Charge, and other option-tracking systems, we sometimes see heavy activity in calls and...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER