Wednesday, October 15, 2014

Oct 15 - Fed speech schedule

THURSDAY, OCT. 16
8 amCharles Plosser speech
8:30 amWeekly jobless claimsOct. 11289,000287,000
9 amDennis Lockhart speech
9:15 amIndustrial productionSept.0.4%-0.1%
9:15 amCapacity utilizationSept.79.0%78.8%
10 amHome builders' indexOct.5959
10 amPhilly FedOct.19.522.5
10 amNarayana Kocherlakota speech
FRIDAY, OCT. 17
8:30 amHousing startsSept.1.015 mln956,000
8:30 amJanet Yellen speech
9:55 amConsumer sentimentOct.83.584.6

Plosser is a hawk but Lockhart, Kocherlakota, and of course Yellen are dovish.  With the oversold conditions, we could see some fireworks if the right words regarding delay or even re-engagement of quantitative easing.

No comments:

Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

I have been stopped out twice in last few weeks trying to short GLD.  I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...