Planning for next week; here is a preview of upcoming economic news.
If the market cooperates and settles after the much-anticipated FOMC announcement this afternoon, we are planning to enter an SPX Weekly Iron Condor for the September 30 cycle on Friday. For planning purposes, a synopsis of next week's economic news is below:
10:00 am New Home Sales
9:00 am S & P Case Shiller HPI
10:00 am Consumer Confidence
8:30 am Durable Goods Orders
10:30 am EIA Petroleum Status Report
8:30 am Jobless Claims
8:30 am GDP
8:30 am International Trade-in Goods
8:30 am Personal Income & Outlays
10:00 am Consumer Sentiment
If the market is within our trade guidelines, I will publish a suggested trade entry Friday morning.
As always, stay keen on your risk management and trade carefully,