Planning for next week; here is a preview of upcoming economic news.
If the market cooperates, we are planning to enter an SPX Weekly Iron Condor for the August 5 cycle on Friday. For planning purposes, a synopsis of next week's economic news is below:
9:45 am PMI Manufacturing Index
10:00 am ISM Manufacturing Index
10:00 am Construction Spending
8:30 am Personal Income & Outlays
8:15 am ADP Employment Report
9:45 am PMI Services Index
10:00 am ISM Non-Manufacturing Index
10:30 am EIA Petroleum Status Report
8:30 am Jobless Claims
10:00 am Factory Orders
8:30 am Monthly Employment Situation Report
8:30 am International Trade
As usual, I will be publishing suggested trade entry on Friday, if the market is within the guidelines.
As always, stay keen on your risk management and trade carefully,