Stock market is expected to open lower tomorrow based on the chart. Fed fomc minute will be released at 2 pm EST. Watchout movement in Gold and Silver. The key level to watch in GOLD is 1380 for the upside while 1354 on the downside and for silver is 23.54 for upside and 22.89 on the downside. Dust and Nugt can be played for scalp play.
I'll be watching SPWR, RSOL, AEO, TOL.
Notable earnings before Wednesday’s open:
AEO, EV, EXXI, LOW, MSG, PETM, SJM, SPLS,TGT, TOL
Notable earnings after Wednesday’s close
AFCE, HAIN, HPQ, LTD, SB, SNPS, VVTV
Economic Calendar:
| Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 4:30 | GBP | Public Borrowing (PSNB ex interventions) | med | -2.9 | 8.5 | |||||
| 6:00 | GBP | CBI Industrial Trends | low | -8 | -12 | |||||
| 10:00 | USD | Existing home sales | med | 5.15 | 5.08 | |||||
| 14:00 | USD | Fed releases minutes from prior (Jul 30-31) FOMC meeting | med | |||||||
| 20:00 | USD | Kansas City Fed Jackson Hole Economic Summit (to 24th) | low | |||||||
| 20:00 | USD | NASBO holds introduction to State Budgeting Seminar (to 24th) | low | |||||||
