OptionsHouse

Options Trading News

October 23, 2012  Tue 12:45 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Today's economic calendar remains light, with corporate earnings likely to matter more than macro data.

Industrial conglomerate 3M and chemicals giant DuPont, both members of the Dow Jones Industrial Average, will issue results before the bell. Social-media giant Facebook and network-technology stalwart Juniper Networks follow in the afternoon.

The only economic data will be the Richmond Fed's monthly index of economic activity in its district. Scheduled for 10 a.m. ET, the report generally covers too limited an area to have a significant impact on broad sentiment.

The calendar picks up tomorrow, with key European data scheduled for the early morning and the Federal Reserve's interest-rate decision in the afternoon.
Share this article with your friends


OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Education & Strategy

Timing the Trade

Both break outs and a break downs need to have a couple things happen before it is considered a confirmed break out or break down by technical definition!  The only problem is that in today's market where things move much more quicker than they did just a few years ago, two days could wind up being the majority of the expected movement, if not the whole movement.

View more education articles »