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Barchart
Barchart
Will Ashworth

Upstart’s Options Surge Hints at Bold Risk Reversal Position

Investors will be watching for any news of a positive nature today as Donald Trump and Vladimir Putin meet in Anchorage, Alaska, to start the peace process in Ukraine.

After yesterday’s subdued day of trading, Investors will also digest the retail sales data expected to be released first thing Friday morning. Economists predict that retail sales in July rose by 0.6%, matching the June increase. Yesterday’s report from the Bureau of Labor Statistics showed that wholesale inflation in July was the highest increase in three years, up 0.9% from June, three times higher than what economists were expecting. 

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