Econ Calendar

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Consumer Sentiment can be fun, or meaningless. The report’s time is unusual, so it doesn’t inhibit price action ahead of it like other reports do. This makes a surprise more disruptive. But it can be a very big non-event if the number is in-line.

GDP
8:30 AM ET

Consumer Sentiment
9:55 AM ET

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: It looks like a busy day, but it’s not. Both pre-open items are high-profile, but only Jobless Claims tends to influence price action. New Home Sales is high-profile and post-open, easily capable of disrupting any initial trending.

Durable Goods Orders
8:30 AM ET

Jobless Claims
8:30 AM ET

New Home Sales
10:00 AM ET

EIA Natural Gas Report
10:30 AM ET

EIA Petroleum Status Report
11:00 AM ET

7-Yr Note Auction
1:00 PM ET

Fed Balance Sheet
4:30 PM ET

Money Supply
4:30 PM ET

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: A steady stream of econ reports will keep Wednesday morning lively. But only 10:00’s report is high-profile and reliably disruptive. Other data can make an impact if they surprise.

MBA Purchase Applications
7:00 AM ET

ICSC-Goldman Store Sales
7:45 AM ET

Redbook
8:55 AM ET

Existing Home Sales
10:00 AM ET

4-Week Bill Auction
11:30 AM ET

5-Yr Note Auction
1:00 PM ET

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: The holiday-shortened week starts with at least one curve ball. Case-Shiller’s announcement time is unusual for econ reports. Its data lags two months, which opens interesting possibilities. Weak data would undermine the recovery meme on which the recent rally is based. Strong data could trigger a weak-handed, knee-jerk retracement of Monday’s plunge. Econ reports may be among the market’s least concerns, and 10:00’s Consumer Confidence won’t reflect current reality, either.

S&P Case-Shiller HPI
9:00 AM ET

Consumer Confidence
10:00 AM ET

State Street Investor Confidence Index
10:00 AM ET

3-Month Bill Auction
11:30 AM ET

6-Month Bill Auction
11:30 AM ET

2-Yr Note Auction
1:00 PM ET

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Globex trades from 6:00pm ET  Sunday night through 11:30am ET Monday morning. I’ll be checking in. Otherwise, enjoy the weekend!

President’s Day
U.S. Markets closed