June 14, 2012
- in Uncategorized by schooloftrade
Economic News Prep:
News overnight from Germany was bearish, and we heard news of the downgrade in Spain, and this gives us our first clue for bearish market sentiment overnight in the US. The question is, will this bearish sentiment bleed over into the US morning session? We shall see.
What’s on tap for the US morning session? 830am Jobless Claims and Consumer Prices will get us started this morning. 1030am est Natural Gas news is very minor.
This evening we have the BOE Governor King speaking, and tomorrow is confirmed as Quadruple Witching Day, Friday.
Remember that every month, the 3rd Friday of the month is when options expire, and every 3 months, we have all 4 asset classes expiring, and on top of this so we know its assumed to be a little challenging.
