Retail, business sentiment on docket
Mike Yamamoto | firstname.lastname@example.org
Today's economic calendar is light, covering weekly retail figures and small-business sentiment.
The day begins with the NFIB Small Business Optimism Index at 7:30 a.m. ET. The consensus forecast calls for a reading of 90.1 in February, up from 88.9 in the previous month.
The ICSC-Goldman Store Sales report will be released at 7:45 a.m. ET, followed by the Redbook retail numbers at 8:55. a.m. ET.
Trade sees solid support in retail fund
July 16, 2014
The SPDR S&P Retail Fund has been trending higher over the last three months and consolidated during the spring, so chart watchers may now be targeting support levels.
Bearish spread targets retail fund
July 9, 2014
The SPDR Retail Fund has pulled back from the 52-week high it posted last week, and one large put spread is looking for further declines.