Here's my view of the week's scheduled market events (focusing on events which the Gold Cartel traditionally uses as an excuse hit the price of gold). I expect I'll trade out a few percent of my portfolio this morning as The outlook is for downward movement of stocks and gold (and upward movement of the USD) as Bernanke testifies twice and the treasury has to sell 100B$ of bonds and bills:
- Mon, 11:00AM, Bernanke Testifies
- Mon, 30 year TIPS and short term treasury bill auction.
- Tues, 2 year treasury auction.
- Wed, 10:00AM, Bernanke Testifies.
- Wed, 5 year treasury auction.
- Thu, 7 year treasury auction.
- Thu, Durable Goods and Order - this is the only economic news that comes out next week that I follow closely (other than the weekly initial jobless claims).
- Fri, GDP Revision - the GDP growth from Q4 will be revised downward (I expect) and the market will be unmoved.
I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.
Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.
MontyHigh, www.worldofwallstreet.us
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