FOMC Minutes tomorrow (Wednesday) at 2:00 pm EST headline the week, providing critical clues on rate timing. High-volatility Core PCE, GDP, and Jobless Claims follow in 2 days on Thursday at 8:30 am EST. Today, Tuesday, Durable Goods at 8:30 am EST and Fed’s Goolsbee at 12:35 pm EST offer early context. Traders should tighten stops on SPY and QQQ ahead of Thursday's PCE. Hot inflation data may trigger a hawkish repricing and increased volatility.
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Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.