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

Look ahead: Economic Calendar

By Rod David | May 17, 2011 - 12:34 pm

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

Highlights: MBA apps influence price action only in the event of a surprise. The report doesn’t otherwise inhibit any trending, or cause it. But the afternoon’s FOMC Minutes has a history of doing just that, which can affect the afternoon’s bias signal.

MBA Purchase Applications
7:00 AM ET

EIA Petroleum Status Report
10:30 AM ET

FOMC Minutes
2:00 PM ET

Posted in Econ Calendar, S&P