Friday, August 14, 2015

The Week Ahead: Prices, housing starts, & more

This is potpourri week: Several major reports; no overarching theme.

The consumer price index will lead the economic reporting headlines next week. It will be released on Wednesday at 8:30 a.m. New York time.

Housing starts, out Tuesday at 8:30 a.m., will come in a close second in significance.

Other majors: Federal Open Market Committee minutes from the July 29 meeting on Monday at 2 p.m., and existing home sales  and the Philadelphia Federal Reserve business outlook survey, both on Thursday at 10 a.m.

Leading indicators (in descending order of importance):

The interest rate spread between 10-year Treasuries and the federal funds rate, reported continually during market hours.

The M2 money supply, at 4:30 p.m. Thursday.

The S&P 500 index, reported continually during market hours.

Average weekly initial jobless claims, at 8:30 a.m. Thursday. 

Building permits for new private homes from the housing starts report, at 8:30 a.m. Tuesday.

Events arranged by day:

Monday: The Empire State manufacturing survey of conditions in New York at 8:30 a.m., the Home Builders' housing market index at 10 a.m. and the Treasury Department international capital report at 4 p.m.

Tuesday: Housing starts at 8:30 a.m.

Wednesday: Consumer price index at 8:30 a.m., petroleum inventories at 10:30 a.m. and the FOMC minutes at 2 p.m.

Thursday: Jobless claims, the Philadelphia Federal Reserve Bank business outlook survey, existing home sales at 10 a.m. and the M2 money supply at 4:30 p.m.

Friday: The PMI manufacturing index flash report at 9:45 a.m.

I also keep an eye on the Baltic Dry Index, updated daily, and the 5-year implied inflation rate based on U.S. Treasury yields, which presently stands at 1.33%.

Treasury Debt

  • 4-week: Announcement Monday 11 a.m., auction Tuesday 11:30 a.m., settlement Thursday.
  • 3-month: Auction Monday 11:30 a.m., announcement Thursday 11 a.m.
  • 6-month: Auction Monday 11:30 a.m., announcement Thursday 11 a.m.
  • 52-week: Auction Tuesday 11:30 a.m.
  • 2-year: Announcement Thursday 11 a.m.
  • 3-year: Settlement Monday.
  • 5-year: Announcement Thursday 11 a.m.
  • 7-year: Announcement Thursday 11 a.m.
  • 30-year: Settlement Monday.

  • 5-year: Auction Thursday 1 p.m.


San Francisco Fed Pres. John Williams is the lone member of the Federal Reserve glitterati to speak during the week. A member of the Federal Open Market Committee, Lockhart makes an appearance in Jakarta, Indonesia.

Analytical universe

This week I shall be analyzing new bull and bear signals among 500 large-cap stocks and exchange-traded funds.

Good trading.

-- Tim Bovee, Fukuoka, Japan, Aug. 14, 2015


My trading rules can be read here.


Two social media feeds provide notification whenever something new is posted.


Creative Commons License

All content on Tim Bovee, Private Trader by Tim Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Based on a work at

No comments:

Post a Comment