Monday: It's Veterans' Day; banks and bond markets are closed, while stock exchanges are open. DR Horton (NYSE:DHI) reports earnings.
Tuesday: No meaningful economic data will be released. Expect international news to dominate and drive market direction.
Wednesday: Producer Price Index and Retail Sales reports will be released in the morning, but market participants will likely wait until the 2:10 p.m. release of the FOMC minutes to determine market direction.
Thursday: Consumer Price Index, Jobless Claims, and The Philly Fed Index are all on tap. Economic data has been improving in the last few months; investors could start paying attention and let the recent market rally resume.
Friday: Industrial Production figures will be released. Based on current trend, expect this report to surprise on the upside and give markets a boost.
My B.A. Degree is from the University of Arkansas. I've been trading since 2002 and teaching options trading since 2006. Learn to trade Option Income Spreads like a Pro! Email optionmentor@gmail.com for more about The Option Mentor Program.
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Trading the Market Structure
Trades are set up using the "Trading the Market Structure" method. It is derived by taking the most common trading methods, Delta Neutral Trading, Swing Trading, and Trend Trading, and combining them into one system. By combining them in this fashion they offset each other's weaknesses, thus creating an unusually effective strategy.
To begin to understand the simple technicals behind this Trading System set up your Weekly, Daily, 30 minute, and 10 minute charts with these links:
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