Consumer Confidence numbers out at 10 am ET tomorrow, anyone long might want to tighten their stops right after the open, as if these numbers are not good, or even ok, the party is over. But if they are good, we may get quite the move up <g>. A ton of other economic releases this week too, including this important, once a year release -
The benchmark revision of the national economic statistics is out Wednesday. This has the potential to be a major market mover, I'm surprised the media has made no mention of it at all as far as being cautious, they are onl watching the CEO deadline date it seems. Well, I guess I'm not that surprised, it might ruin the exuberance <g>
morganstanley.com
Other releases this week, it's a busy one, and may make morning trading pretty volatile. But what else is new!
Jul 31 08:30 GDP-Adv. Q2
Jul 31 08:30 Chain Deflator-Adv. Q2
Jul 31 10:00 Chicago PMI July Jul 31 14:00 Fed's Beige Book Aug 01 00:00 Auto Sales Jul
Aug 01 00:00 Truck Sales July
Aug 01 08:30 Initial Claims 07/27 Aug 01 10:00 Construction Spending June Aug 01 10:00 ISM Index July
Aug 02 08:30 Nonfarm Payrolls July
Aug 02 08:30 Unemployment Rate July
Aug 02 08:30 Hourly Earnings July Aug 02 08:30 Average Workweek July
Aug 02 08:30 Personal Income June Aug 02 08:30 Personal Spending June Aug 02 10:00 Factory Orders June |