Don’s Notebook February 26, 2018

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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.

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Dr. Don Pratl is Director of Trader Development and Education for TradeStation. He joined TradeStation in 2016 after holding similar roles with other online brokerages. Don’s long career in the financial services industry reflects expertise in administering trading and investment strategy programs for retail investors as well as financial services professionals. Since the 1980s, he has held various positions in areas including CBOE trading floor order execution, marketing, sales, personnel management, training and customer service. Don holds series 3, 4, 7 and 63 FINRA licenses, earned his Ph.D. in Organization and Management, and his M.A. and B.A. in Political Science. He has been an occasional adjunct college instructor since 2004 at a range of institutions, teaching undergraduate, graduate and doctoral students using in-class and online formats.