OptionsHouse

Options Trading News

June 13, 2013  Thu 2:45 AM CT

XRT: SEE CHART GET CHAIN FIND STRATEGIES
Retail sales and jobless claims are the main events on today's calendar.

Both releases are scheduled for 8:30 a.m. ET. Economists estimate that retail sales climbed 0.3 percent in May, up from 0.1 percent in April. Stronger readings could be bullish while weaker numbers could hurt sentiment, especially toward consumer-discretionary stocks.

Initial jobless claims are expected to total 345,000 versus 346,000 in the previous week. A higher reading could be bearish because it would mean that more Americans lost their jobs.

In addition to claims and retail sales, export and import prices will be reported at the same time. Those numbers don't usually affect market sentiment.

Tomorrow's agenda brings consumer sentiment, industrial production, and the purchasing-price index.

Next week features the German Zew survey of financial-market sentiment, housing starts, the Federal Reserve's interest-rate decision, and regional Fed economic surveys.
Share this article with your friends


Related Stories

XRT

Short-term hedge in retail fund

May 22, 2015

Retailers have reported decidedly mixed results this earnings season, and one large investor appears to be buying a short-term hedge in the SPDR S&P Retail ETF.

OptionsHouse

Premium Services

Archived Webinar

Education & Strategy

Short synthetic stock

With the use of the calls and puts we can not only create Long Synthetic Stock, but Short Synthetic Stock as well...

View more education articles »