OptionsHouse

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

Stocks remain lower after job data

September 4, 2015

The government reported that 173,000 jobs were added in August, below the consensus estimate of 210,000. The unemployment rate came in at 5.1 percent off the estimated 5.2 percent.

SPX

Non-farm payrolls lead calendar

September 4, 2015

Economists estimate the U.S. economy added 210,000 jobs last month, equal to July's gain. The unemployment rate is seen edging down to 5.2 percent from 5.3 percent.

SPX

Stocks higher amid busy calendar

September 3, 2015

S&P 500 futures are up 0.4 percent, while most of Europe has risen about 1 percent. Mumbai and Hong Kong led moves in Asia, up 1 percent and down 1 percent respectively.

SPX

ECB, job claims, ISM services due

September 3, 2015

The European Central Bank leads a busy economic calendar today. Policy-makers in Frankfurt issue their statement at 7:45 a.m. ET, followed by a press conference 45 minutes later.

SPX

Stocks hold gains after ADP report

September 2, 2015

S&P 500 futures remained up 0.8 percent after private-sector job growth missed estimates by a narrow margin. Europe rose fractionally and Asia was unusually calm.

Invest Like a Monster - San Antonio: October 9-10

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Archived Webinar

Education & Strategy

Options Academy: On Options Strategies in General

Before we hop into the different option strategies, I have a few thoughts for you to remember concerning the strategies and our use of them.

View more education articles »