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 26 cycle on Friday. For planning purposes, a synopsis of next week's economic news is below:


10:00 am New Home Sales


9:45 am PMI Manufacturing Index

10:00 am Existing Home Sales

10:30 am EIA Petroleum Status Report


8:30 am Jobless Claims

8:30 am Durable Goods Orders


8:30 am GDP

8:30 am International Trade-in Goods

9:45 am PMI Services Flash Index

10:00 am Consumer Sentiment

11:00 am Fed Chair Janet Yellen speaks at Kansas City Fed's monetary policy symposium

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,

Dot Hazlin