Planning for next week; here is a preview of upcoming economic news.

If the market cooperates, we are hoping to enter an SPX Weekly Iron Condor for the June 2 cycle on Thursday. The VIX is still at record-low levels, so the entry will depend on whether there is sufficient credit for what looks like a reasonable position.

For planning purposes, a synopsis of upcoming economic news beginning tomorrow is below:

Thursday

8:30 am International Trade in Goods

8:30 am Jobless Claims

Friday

8:30 am Durable Goods Orders

8:30 am GDP

Monday

Markets closed; US Memorial Day Holiday

Tuesday

8:30 am Personal Income & Outlays

9:00 am S & P Case Shiller HPI

10:00 am Consumer Confidence

Wednesday

9:45 am Chicago PMI

10:00 am Pending Home Sales

Thursday

8:15 am ADP Employment Report

8:30 am Jobless Claims

8:30 am Productivity & Costs

9:45 am PMI Manufacturing Index

10:00 am ISM Manufacturing Index

Friday

8:30 am Employment Situation Report

8:30 am International Trade

As always, stay keen on your risk management and trade carefully,

Dot Hazlin