US Stock Futures Down; Goldman Sachs, JPMorgan Earnings In Focus


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


US stock futures are lower this morning, as investors are awaiting earnings from Goldman Sachs Group (NYSE: GS) and JPMorgan Chase & Co (NYSE: JPM). Futures for the Dow Jones Industrial Average dropped 37 points to 13,426.00 and S&P 500 index futures fell 3.60 points to 1,461.60. Nasdaq 100 futures declined 1.25 points to 2,713.00.US stocks closed slightly higher on Tuesday, with the Dow Jones Industrial Average rising 0.20% to 13,534.89, the S&P 500 index gaining 0.11% to 1,472.34 and the Nasdaq 100 index dropping 0.22% to 3,110.78. The consumer price index for December will be released at 8:30 a.m. ET, while industrial production data for December will be released at 9:15 a.m. ET. NAHB housing market index for January will be released at 10:00 a.m. ET. The Fed's Beige Book will be released at 2 p.m. ET.The Goldman Sachs Group is estimated to report its Q4 earnings at $3.78 per share on revenue of $7.91 billion. Comerica (NYSE: CMA) is projected to report its Q4 earnings at $0.65 per share on revenue of $620.16 million. eBay (NASDAQ: EBAY) is projected to post its Q4 earnings at $0.69 per share on revenue of $3.97 billion.JPMorgan Chase & Co is projected to report its Q4 earnings at $1.16 per share on revenue of $24.42 billion. The Bank of New York Mellon (NYSE: BK) is estimated to report its Q4 earnings at $0.53 per share on revenue of $ 3.60 billion. M&T Bank (NYSE: MTB) is expected to report its Q4 earnings at $2.18 per share on revenue of $1.12 billion.HB Fuller Co (NYSE: FUL) is projected to post its Q4 earnings at $0.56 per share on revenue of $517.45 million. U.S. Bancorp (NYSE: USB) is estimated to report its Q4 earnings at $0.74 per share on revenue of $5.16 billion. Kinder Morgan (NYSE: KMI) is estimated to post its Q4 earnings at $0.35 per share on revenue of $3.02 billion.Vera Bradley (NASDAQ: VRA) raised its fourth-quarter earnings viewInteractive Brokers Group (NASDAQ: IBKR) reported a 33% drop in its fourth-quarter net income. Linear Technology (NASDAQ: LLTC) reported downbeat Q2 results. European markets were lower today. The STOXX Europe 600 Index fell 0.34%, London's FTSE 100 Index dropped 0.49%, German DAX 30 Index dropped 0.19% and French CAC 40 Index fell 0.37%.Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 2.56%, China's Shanghai Composite dropping 0.70% and Australia's S&P/ASX 200 Index rising 0.46%. Hong Kong's Hang Seng Index fell 0.10% and India's Sensex tumbled 0.85%.The ICE dollar index (DXY) fell 0.09% to trade at 79.70, down from 79.721 in late North American trading on Tuesday.The dollar dropped 0.72% against the Japanese yen to trade at ¥88.14, down from ¥88.92 in late Tuesday. The euro declined 0.03% against the greenback to $1.3301, versus $1.3313.Crude-oil futures for February delivery gained $0.12 to $93.40 a barrel in electronic trading.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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