Planning for next week; here is a summary of upcoming economic news.
If the market is within our guidelines and there is sufficient credit for a decent trade, we will enter the weekly SPX Iron Condor Friday for the February 10 cycle. Last week we entered a day early which worked out nicely, but with the Monthly Employment report coming out Friday morning we will hold off on an early entry.
For planning purposes, next week's economic news is highlighted below:
8:30 am International Trade
10:30 am EIA Petroleum Status Report
Tentative EU Membership Vote
8:30 am Jobless Claims
9:10 am Fed's James Bullard speaks
1:10 pm Fed's Charles Evans speaks
7:30 am Fed's Stanley Fischer speaks
8:30 am Import/Export prices
10:00 am Consumer Sentiment
Trade updates will be posted as appropriate
As always, stay keen on your risk management and trade carefully,