Today's Stock Market News & Events: 6/17/2022 – Schaeffers Research

This post was originally published on this site

Schaeffer’s is launching Vertical Options trading today!

**REMINDER: THE STOCK MARKET WILL BE CLOSED FOR THE FULL SESSION ON MONDAY, JUNE 20, IN OBSERVANCE OF THE JUNETEENTH HOLIDAY. PLEASE MANAGE YOUR OPEN POSITIONS ACCORDINGLY.**

Today will feature capacity utilization, leading economic indicators, and the industrial production index.

There are no public companies slated to release corporate earnings today, June 17.

Looking ahead to next week, investors can expect a brief respite next week. U.S. markets will be closed on Monday in observance of Juneteenth, while jobs data and purchasing managers indexes (PMIs) will hold the bulk of investors’ attention later in the week. Next week’s earnings docket features a few names, with CarMax (KMX)Carnival (CCL)Darden Restaurants (DRI)FedEx (FDX), KB Home (KBH), La-Z-Boy (LZB), Lennar (LEN)Rite Aid (RAD), Smith & Wesson Brands (SWBI), and Winnebago (WGO) slated to report.

Markets are closed on Monday, June 20, in observance of Juneteenth. On Tuesday, the Federal Reserve Bank of Chicago’s national activity index will be released, alongside an existing home sales report.  

All economic dates listed here are tentative and subject to change.

Now, imagine if there was a “magic” secret to trading stock options that could remove almost all the risk out of a trade while giving you an opportunity to gain 100% or more on each contract. Also, imagine doing that in only a few minutes of “work” on a single Friday each month.

Now stop imagining…  On one “Red Hot Friday” each month (TODAY!!), you could have 3 to 5 opportunities to break the typical rules of option trading everyone else uses with the potential to make obscene returns. You’ll do it by leveraging the power of something I call the “stack” strategy. Click here to get the details and get your name on the list before 12pm ET!