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 August 11 cycle on Friday, depending on market conditions and available credit. Volatility is still very low; so extra caution is advised for those trading the Weekly Iron Condor. For planning purposes, a synopsis of upcoming economic news beginning tomorrow is below:

Thursday

8:30 am Jobless Claims

10:00 am Factory Orders

10:00 am ISM Non-Manufacturing Index

Friday

8:30 am Employment Situation Report

8:30 am International Trade

Monday, August 7

11:45 am Fed's James Bullard speaks

1:25 pm Fed's Neel Kashkari speaks

Wednesday

8:30 am Productivity & Costs

10:30 am EIA Petroleum Status Report

Thursday

8:30 am Jobless Claims

8:30 am Producer Price Index

10:00 am Fed's William Dudley speaks

Friday

8:30 am Consumer Price Index

11:30 am Fed's Neel Kashkari speaks

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

Dot Hazlin