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Look ahead: Economic Calendar – If, Then… Market Timing

Look ahead: Economic Calendar

By Rod David | February 26, 2013 - 12:34 pm

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

Highlights: Wednesday’s calendar is a potential minefield. Its two high-profile pre-open and post-open reports are influential. Durable Goods, obviously, but also the Home Sales following Tuesday’s unprecedented three housing sector reports. Probably the biggest catalyst is day-two of Bernanke’s congressional testimony. There is on reason to assume that Tuesday’s reaction to day-one has failed to discount one iota of his message, or that his message Wednesday will change one iota from Tuesday. So, that reaction is very vulnerable to being undone.

MBA Purchase Applications
7:00 AM ET

Durable Goods Orders
8:30 AM ET

Bernanke Humphrey-Hawkins House testimony
10:00 AM ET

Pending Home Sales Index
10:00 AM ET

EIA Petroleum Status Report
10:30 AM ET

7-Yr Note Auction
1:00 PM ET

Posted in Econ Calendar, S&P