HOT SPOT CHARTING...

Monday's Economic Release:

US Leading Indicators (OCT) (15:00 GMT; 10:00 EDT)
Consensus: 0.2%..........Previous: 0.1%...........
Outlook: After falling short of prediction in September, the Conference Board’s Leading Indicators Index is expected to print another month of growth. Used to predict growth in the coming three to six months, the composite of 10 economic components is expected to grow 0.2 percent. If it should realize this rate of expansion, it would match the fastest pace of growth since March. From the number of known sub-gauges, a preliminary prediction can be formed. The equities’ portion should benefit from the 3.5 percent run in the S&P 500 over the period to a new multi-year high. From the labor barometer, a drop in the average weekly jobless claims from 313,800 in August to 311,500 in September will support the consumer sector. On the other hand, the slight drop in the Conference Board’s own consumer confidence indicator will act to offset it somewhat. Leveraging the negative, the second monthly drop in retail sales could leave the consumer goods orders component lower, while the 6.3 percent drop in building permits could prove the biggest detractor from the overall report. The market’s response to this composite may reveal the level of concern over the health of US growth. Since third quarter GDP slowed to a 1.6 percent pace of expansion, traders could be discounting a disappointing turn from the report already.


So you want to be in charge of monetary policy...

Play the Fed Chairman Game.
http://www.frbsf.org/education/activities/chairman/

Stocks expected to be range-bound as holiday approaches...
http://biz.yahoo.com/cbsm-top/061118/963cad05d27ef6d54c134eb68d2ba277.html?.v=1

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