OptionsHouse

Options Trading News

May 3, 2013  Fri 2:14 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Non-farm payrolls are the main event on today's calendar.

Economists expect the Labor Department to report 155,000 jobs were added in April, up from 88,000 in the previous month. They also expect the unemployment rate to hold steady at 7.6 percent. Lower numbers on payrolls or higher figures on unemployment could be interpreted bearishly. Both will be released at 8:30 a.m. ET.

The Institute for Supply Management's non-manufacturing index follows at 10 a.m. ET. Economists expect a reading of 54, down from 54.4 in March.

March factory orders also come out at 10 a.m. ET, but those are unlikely to affect sentiment because they cover a period now far in the past.
Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

Continue to melt up? Think debit call spreads

The U.S. equities market is continuing to melt up. Even though the labor market is stagnant, the Fed keeps hinting that a short term interest rate hike is coming sometime soon.

View more education articles »