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

Look ahead: Economic Calendar

By Rod David | July 17, 2012 - 12:34 pm

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

Highlights: Bernanke’s second-half of his congressional testimony tends not to influence price action before it begins. This gives Wednesday’s pre-open, high-profile report room to influence price action. His opening remarks being released at 10:00 tend to trigger some sort of reaction. Any other reaction to his testimony would be a function of him contradicting or walking back earlier comments from that had their own reaction.

MBA Purchase Applications
7:00 AM ET

Housing Starts
8:30 AM ET

Bernanke House Testimony
10:00 AM ET

EIA Petroleum Status Report
10:30 AM ET

Beige Book
2:00 PM ET

Posted in Econ Calendar, S&P