Learn the trade here. Make it on tradeMONSTER

Options Trading News

May 15, 2013  Wed 1:47 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Today's calendar has a wide range of events in the United States and overseas.

German, France, and Italy will report preliminary gross domestic product numbers early in the morning, which could affect sentiment before the opening bell.

The first U.S. data comes at 7 a.m. ET when the Mortgage Bankers Association releases weekly loan applications. Producer prices follow at 8:30 a.m. ET but are unlikely to have a big effect because inflation hasn't been a concern of investors.

The New York Federal Reserve's regional Empire Manufacturing Index also comes out at 8:30 a.m. ET. Economists expect a reading of 3.5, up from 3.1 in April. National industrial-production numbers for April will be released 45 minutes later. Forecasters are looking for a contraction of 0.2 percent compared with a 0.4 percent gain in March. Industrial production generally doesn't sway sentiment because other releases have already covered the report's time period.

NAHB will release its index of sentiment in the housing market at 10 a.m. ET. Economists predict a reading of 44, up from 42 in April.

Today's big earnings releases include Deere and Computer Sciences, both before the market opens.
Share this article with your friends


Related Stories

SPX

Stocks retreat to start quiet week

September 22, 2014

Equity futures are pulling back from record highs this morning as investors prepare for a week with few economic reports or catalysts.

SPX

Home sales kick off quiet agenda

September 22, 2014

Existing home sales for August is the only U.S. data report today. The overnight session brings preliminary manufacturing data from China and Europe.

SPX

Stocks bullish as Alibaba debuts

September 19, 2014

The bullish momentum remains intact this morning, bolstered by the e-commerce giant's initial public offering later today and Scotland's decision to remain in the United Kingdom.

SPX

Quiet calendar through next week

September 19, 2014

Existing home sales are the main item for Monday's session. Preliminary manufacturing numbers are due for China overnight, followed early the next session by similar European data.

SPX

Futures advance on easy money

September 18, 2014

S&P 500 futures are up 0.4 percent, while most European markets are up 0.5 percent to 1 percent. Asia was mixed overnight, with India ripping almost 2 percent and Japan gaining more than 1 percent.

Premium Services

Free Webinars

Swing Trading w/ Jon Najarian and Ron Ianieri

Education & Strategy

Make your rules, and stick by them!

New traders often act on the recommendations of others or on gut feel. But that is a quick way to...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER