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Financial Options

By tomhanna, 2 years and 10 months ago

Financial Roadmap March 12 to 17, 2007

Friday is Quadruple Witching Day, when stock index futures, stock index options, stock options, and single stock futures (SSF) all expire making for a volatile session and the last hour of the day (Triple Witching Hour) when stock index futures, stock index options and stock options expire should see the most volatility of the day.

The big indicators of the week will be the release of the Producer Price Index on Thursday and the Consumer Price Index on Friday, the major indicators of wholesale and retail price inflation respectively. The US federal budget, which has been coming in with a lower than expected deficit pretty consistently, will also bear watching as a continued downtrend in the deficit could equate to a mollified Federal Reserve and lower interest rates.


Day / Date

Monday

Tuesday

Wednesday

Thursday

Friday

Indicators
US Federal Budget for February from the Treasury Department:
Year to date deficit down to $162,162 billion

January Leading Index for Korea from the Conference Board:
Leading Indicators Up 0.7%; Coincident Up 0.4%

Retail Sales for February from the Commerce Department:
Up 0.1%; Retail Sales Without Autos Down 0.1%

January Business Inventories from the Commerce Department:
Inventory-to-sales ratio at 1.30

January Leading Index for United Kingdom from the Conference Board:
Leading Up 0.3%; Coincident Unchanged

4th Quarter Services Report from the Census Bureau

4th Quarter Current Account from the Bureau of Economic Analysis:
Current Account Deficit Down 14.7%

February Import/Export Price Indexes from the Bureau of Labor Statistics:
Import Prices Up 0.2%; Export Prices Up 0.7%

January Leading Index for France from the Conference Board:
Leading Up 0.2%; Coincident Up 0.1%

Weekly Mortgage Applications Survey from the Mortgage Bankers Association:
Defying Wall Street Wisdom, Buyers, Homeowners Applying for More Mortgages

Weekly Petroleum Data Summary and This Week in Petroleum from the Energy Information Administration:
Total Petroleum Inventories Down 2.6 Million Barrels

February Producer Price Index (PPI) from the Bureau of Labor Statistics:
Wholesale Inflation: PPI Up 1.3%

Empire State Manufacturing Survey from the New York Federal Reserve Bank:
General Business Conditions Down 23 points to 1.9

Third District Business Survey from the Philadelphia Federal Reserve Bank:
General Activity Index near zero

January International Capital Flows from the Treasury Department:
Net Purchases $97.4 Billion, Up From $14.3 Billion [PDF file in popup window]

January Leading Index for Mexico from the Conference Board:
Leading Down 0.8%; Coincident Unchanged

Weekly Jobless Claims Report from the Employment and Training Administration

February Consumer Price Index (CPI) from the Bureau of Labor Statistics:
CPI-U and CPI-W Up 0.4%; Real Earnings Down 0.3%

February Industrial Production from the Federal Reserve:
Industrial Production Up 1% in February

March Consumer Sentiment from the The University of Michigan's Consumer Survey Center


Interesting Earnings Reports*
Churchill Downs Inc [Ticker: CHDN ; Industry: Gaming Activities ]

BOSTON BEER CO INC [Ticker: SAM ; Industry: Beverages - Brewers ]

Lehman Brothers Holdings Inc [Ticker: LEH ; Industry: Investment Brokerage - National ]

Shoe Carnival Inc [Ticker: SCVL ; Industry: Apparel Stores ]

Century Casinos Inc [Ticker: CNTY ; Industry: Resorts & Casinos ]


Treasury Auctions and Announcements
11 AM: 4-Week T-Bill Announcement

1 PM: 3-Month and 6-Month T-Bill Auctions

1 PM: 4-Week T-Bill and 10-Year Note Auctions none 11 AM: 3-Month and 6-Month T-Bill Announcements None

*See more information on the Financial Roadmap series here. Earnings reports are companies of interest, NOT recommendations.

economic indicators,T-bills,earnings,roadmap


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