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 May 12 cycle on Thursday. Once again I will be suggesting that those entering the trade with live capital do so "with caution", as the continuing geopolitical problems as well as the French presidential election add another element of risk to the trade. There is nothing wrong with sitting on the sidelines, but I will suggest a trade as I do not wish to disappoint those subscribers who want to be in every week. We will hope for a little volatility rise before entry.

For planning purposes, a synopsis of next week's economic news is below:


All Day French Presidential Election


8:45 am Fed's Loretta Mester speaks


1:00 pm Fed's Eric Rosengren speaks

4:15 pm Fed's Robert Kaplan speaks


8:30 am Import/Export Prices

10:30 am EIA Petroleum Status Report

12:00 pm Fed's Eric Rosengren speaks


6:25 am Fed's William Dudley speaks

8:30 am Jobless Claims

8:30 am Producer Price Index


8:30 am Consumer Price Index

8:30 am Retail Sales

10:00 am Consumer Sentiment

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

Dot Hazlin