Wednesday, October 15, 2014

Oct 15 - Fed speech schedule

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
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:

May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...