Learn the trade here. Make it on tradeMONSTER

Options Trading News

May 9, 2013  Thu 2:14 AM CT

RTH: SEE CHART GET CHAIN FIND STRATEGIES
Today is the busiest session of the week in terms of economic reports, with same-store sales and initial jobless claims on the schedule.

Early in the morning, retailers will report April sales for stores open at least a year. The numbers could affect trading throughout the industry.

The Labor Department follows with initial jobless claims at 8:30 a.m. ET. Economists expect a reading of 340,000, up from 336,000 last week. Lower numbers would be considered bullish.

Natural-gas inventories will also be reported at 10:30 a.m. ET, which could sway sentiment in the energy sector.

The only potentially important event scheduled for tomorrow is a speech by Federal Reserve Chairman Ben Bernanke as the market opens at 9:30 a.m. ET.

Next week remains relatively uneventful, though Monday's retail sales report by the Commerce Department could affect trading.
Share this article with your friends


Premium Services

Free Webinars

Make Money in a Volatile Market

Education & Strategy

Vexed by the VIX

Many people probably don't know that the calculation changed for the CBOE Volatility Index this week, but it's worth discussing...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER