Planning for next week; here is a preview of upcoming economic news.
If the market cooperates and is within the trade guidelines, we are planning to enter an SPX Weekly Iron Condor for the January 13 cycle on Friday. For planning purposes, a synopsis of next week's economic news is below:
9:00 am Fed's Eric Rosengren speaks
12:00 pm Fed's Dennis Lockhart speaks
8:30 pm China's Consumer Price Index report
10:30 am EIA Petroleum Status Report
8:30 am Jobless Claims
8:30 am Import/Export prices
8:45 am Fed's Charles Evans speaks
7:00 pm Fed Chair Janet Yellen speaks
8:30 am Producer Price Index
8:30 am Retail Sales
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,