Philly Fed #

There are estimates all over (anywhere from -4.0 to +2.5). Does anyone know what # people are using?

 

I have no idea. But once again the Philly Fed report proves to be just about the most consistent economic report in turning the market into a ping pong tournament. I'm sure the locals love the fact that at 12:00 they have virtual free reign.

 

-13.0??? That # was ridiculous.

 

Actual

-13.1

 

And the markets are already responding to the number

 

Is that good or bad for my OCT QQQ Put? (Long -- or debit spread)

 

the number itself is a negative. see how the market reacts to it.

r u long or short the put?

 

Long 24 OCT QQQ Put
Short 23 OCT QQQ Put

 

negative - true
and the market *wants* to go higher... at least there's no panic selling. Looks like MSFT report is what everybody are waiting for.

 

Where can one find a good calender of important dates/times for earnings release?