The market was a little less volatile last week than in previous weeks, but intraday volatility was still evident. During the upcoming week, there are several economic reports including the latest GDP number expected to be released on Wednesday.
In addition, Consumer Sentiment and Confidence are scheduled to be released this week. There are some Q4 earnings to consider particularly several retailers. Have a great week and remember to manage your trades properly!
Today is a quiet day for Fed speakers, with only St. Louis Federal Reserve Bank President James Bullard speaking.
The Chicago Fed National Activity Index was released this morning and the index pointed to only a small change in economic growth during January but an overall solid month for the economy.
Economic Reports this week:
- Feb 26: New Home Sales
- Feb 27: Durable Goods
- Feb 27: International Trade
- Feb 27: Consumer Confidence
- Feb 28: GDP
- Mar 1: Jobless Claims
- Mar 1: Personal Income
- Mar 2: Consumer Sentiment
Notable corporate earnings due today (2/26) include Fitbit, Palo Alto Networks and Scripps Network Interactive.