Learn the trade here. Make it on tradeMONSTER

Options Trading News

August 29, 2013  Thu 1:16 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Revised economic growth numbers and initial jobless claims are the main items on today's calendar.

Economists expect second-quarter gross domestic product to have expanded 2.1 percent, compared with the previous estimate of 1.7 percent. Jobless claims are forecast at 330,000, down from 336,000 the previous week. Higher readings would be bullish on the GDP number, while lower readings would be positive on claims. Both will be released at 8:30 a.m. ET.

Natural-gas inventories follow two hours later, which could affect sentiment among energy stocks.

Salesforce.com and OmniVision Technologies report earnings after the closing bell. Japan is also scheduled to announce several important numbers this evening, including industrial production and its purchasing managers index. Those could affect trading Friday morning.

Tomorrow's only report is the Chicago Purchasing Managers Index.

The calendar is more active next week, starting with Chinese manufacturing data late Sunday night. The Institute of Supply Management's key manufacturing index follows on Tuesday.

Thursday brings a slew of headlines: European manufacturing data, the European Central Bank's monetary announcement, retailer monthly same-store sales and ADP private-sector payrolls. It climaxes Friday morning with the pivotal non-farm payrolls report.
Share this article with your friends


Related Stories

SPX

Options and high-frequency trading

April 18, 2014

There has been much talk lately of high-frequency trading and what it means to the markets and retail traders. The big issues and arguments all point in favor of options.

SPX

Stocks in range as earnings flow

April 17, 2014

This morning's big companies--Goldman Sachs, General Electric, Morgan Stanley, and PepsiCo--are all trading higher after beating estimates.

SPX

GE, Goldman, jobless claims on tap

April 17, 2014

Earnings and jobless claims are the main events on today's calendar. Trading will likely be light with markets closed tomorrow for Good Friday.

SPX

Futures rise, halting recent slide

April 16, 2014

S&P 500 futures are up more than 0.5 percent, while the Nasdaq is up almost 1 percent. Most European indexes are up a similar amount, while Tokyo led Asia with a 3 percent rally.

SPX

Earnings, housing data on docket

April 16, 2014

Today's calendar includes earnings from Bank of America and Google, plus housing data. Economic headlines start early with European inflation, which could affect the euro and energy.

Premium Services

Education & Strategy

When cash is king (of hedging)

Whether your trades are winning or losing, it can be tempting to add to your positions. But in either case,...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER