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

If the market cooperates, we will look at opening an SPX Weekly Iron Condor for the October 20 cycle on Thursday. I would like to see the VIX over 11, so I will look at setups in the morning and post an update on whether we will enter or sit on the sidelines. Having the VIX at 10 is just too low for a short-term trade entry; so we will be patient until the "time is right."

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

10:30 am ECB President Mario Draghi speaks

11:00 am EIA Petroleum Status Report

Friday

8:30 am Consumer Price Index

8:30 am Retail Sales

8:30 am Fed's Eric Rosengren speaks

10:00 am Consumer Sentiment

10:25 am Fed's Charles Evans speaks

11:30 am Fed's Robert Kaplan speaks

1:00 pm Fed's Jerome Powell speaks

Sunday, October 15

9:00 am Fed Chair Janet Yellen speaks

Monday

8:30 am Empire State Manufacturing Survey

Tuesday

8:30 am Import/Export Prices

9:15 am Industrial Production

10:00 am Housing Market Index

Wednesday

8:30 am Housing Starts

10:30 am EIA Petroleum Status Report

2:00 pm Beige Book

Thursday

8:30 am Jobless Claims

8:30 am Philadelphia Fed Business Outlook Survey

Friday

10:00 am Existing Home Sales

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

Dot Hazlin