11/18/2007

The week ahead

Another short week ahead! In total we only have 3 trading days this week, but realistically the market stop Wednesday at noon.

Accordingly to this shortened week, the economic calendar will be light. The highlight will take place Tuesday afternoon with the release of the FOMC Minutes. In addition to that we have housing starts Tuesday morning and leading indicators Wednesday morning.

Tuesday will also so be expiration day for options on T-bonds, so our option strategy will come to an end. For a second consecutive month the strategy is not doing very well. The strategy is only points away of flat trading... but there is still two days ahead.

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