An advance preview of upcoming economic news.

2018 is off to a good start, although it's still very early in the month so there could be a bout of profit taking.


SPX 6 month chart

VIX 6 month chart

This week we are hoping to enter the weekly VXX Call Credit Spread trade for the January 19 cycle. The entry will be Thursday or Friday, depending on the overall market conditions and available credit. For planning purposes, upcoming economic news releases beginning tomorrow are summarized below:

Thursday

8:30 am Jobless Claims

8:30 am Producer Price Index

Friday

8:30 am Consumer Price Index

8:30 am Retail Sales

Monday, January 15

Markets closed; US Martin Luther King Holiday

Tuesday

8:30 am Empire State Manufacturing Survey

Wednesday

9:15 am Industrial Production

10:00 am Housing Market Index

2:00 pm Beige Book

Thursday

8:30 am Housing Starts

8:30 am Jobless Claims

8:30 am Philadelphia Fed Business Outlook Survey

11:00 am EIA Petroleum Status Report

Friday

10:00 am Consumer Sentiment

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

Dot Hazlin