OptionsHouse

Options Trading News

April 29, 2013  Mon 12:45 AM CT

XLY: SEE CHART GET CHAIN FIND STRATEGIES
Macroeconomics are back in focus this week, with key data expected in the United States, Europe, and Asia.

Economic sentiment will be announced for the European Community early this morning and could affect stock prices. The first two U.S. releases are personal income and spending at 8:30 a.m. ET and pending home sales at 10 a.m. ET. Economists estimate that personal income rose by 0.3 percent and spending by 0.1 percent. Pending home sales are forecast to show an increase of 0.1 percent. Both reports cover March, so they are unlikely to have a major impact on trading.

Tomorrow attention turns to the Case Shiller home price index, the Chicago purchasing managers index, and consumer confidence. China will report its purchasing managers index late Tuesday night, followed by similar European data early the next morning.

Wednesday bring the first of three big employment-related headlines, ADP's survey of private-sector payrolls. The Institute for Supply Management's key index of manufacturing activity comes out later in the morning, and the Federal Reserve's interest-rate announcement follows in the afternoon.

On Thursday the Labor Department publishes weekly jobless claims, and the European Central Bank releases its monetary policy.

Friday's monthly non-farm payrolls report usually has a broad influence on market sentiment. The two most important U.S. releases, ISM on Wednesday and payrolls on Friday, both missed estimates by a wide margin last month.
Share this article with your friends


Related Stories

XLY

Bulls shopping for consumer names

February 25, 2015

Consumer-discretionary stocks underperformed for most of 2014 but have emerged as the strongest of S&P's major sectors since October.

XLY

Notable option activity in equities

February 25, 2015

Nearing the halfway mark in today's session, here are the individual equity names with unusual option activity on optionMONSTER's ActionTracker data system.

OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Webinar Recording

Turbo Charge Your Trading Profits

Education & Strategy

The Strike-Based Greeks

The other Greeks (Gamma, Vega, and Theta) are calculated by using month and strike data, and not by individual option. These are called strike-based Greeks. Gamma, Theta, and Vega are all strike-based Greeks

View more education articles »