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 18 cycle on Thursday, 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

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

Tuesday, August 15

8:30 am Retail Sales

8:30 am Empire State Manufacturing Index

8:30 am Import/Export Prices

10:00 am Housing Market Index

Wednesday

8:30 am Housing Starts

10:30 am EIA Petroleum Status Report

2:00 pm FOMC Minutes

Thursday

8:30 am Jobless Claims

8:30 am Philadelphia Fed Business Outlook Survey

9:15 am Industrial Production

1:00 pm Fed's Robert Kaplan speaks

1:45 pm Fed's Neel Kashkari speaks

Friday

10:00 am Consumer Sentiment

10:15 am Fed's Robert Kaplan speaks

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

Dot Hazlin