An advance preview of upcoming economic news.

Yesterday was a little break in the continuing rally, could the bulls be getting tired? Only time will tell, although futures are positive early this morning.

SPX 6 month chart

VIX 6 month chart

This week we will try again to enter the weekly VXX Call Credit Spread trade for the January 26 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:


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


10:00 am Consumer Sentiment

Monday, January 22 and Tuesday, January 23

No reports


9:45 am PMI Composite Flash

10:00 am Existing Home Sales

10:30 am EIA Petroleum Status Report


8:30 am Jobless Claims

8:30 am International Trade in Goods

10:00 am New Home Sales


8:30 am Durable Goods Orders

8:30 am GDP

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

Dot Hazlin