Weekly fed calendar
Impact
Event Type
| Date | Time (ET) | Event | Type | Impact | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|---|
| 5/26/2026 | 8:30 AM | Chicago Fed National Activity Index | Central Bank | LOW | 0.14 | - | -0.2 |
| 5/26/2026 | 9:00 AM | Housing Price Index (MoM) | Inflation | MEDIUM | 0.1 | 0.1 | 0 |
| 5/26/2026 | 9:00 AM | S&P/Case-Shiller Home Price Indices (YoY) | Misc | LOW | 0.8 | 1 | 0.9 |
| 5/26/2026 | 10:00 AM | Consumer Confidence | Consumer Surveys | MEDIUM | - | - | - |
| 5/26/2026 | 10:30 AM | Dallas Fed Manufacturing Business Index | Central Bank | LOW | 0.4 | - | -2.3 |
| 5/26/2026 | 11:30 AM | 3-Month Bill Auction | Bonds | LOW | 3.595 | - | 3.6 |
| 5/26/2026 | 11:30 AM | 6-Month Bill Auction | Bonds | LOW | 3.65 | - | 3.615 |
| 5/26/2026 | 1:00 PM | 2-Year Note Auction | Bonds | LOW | 4.071 | - | 3.812 |
| 5/26/2026 | 8:20 PM | Fed's Kashkari speech | Speeches | MEDIUM | - | - | - |
| 5/27/2026 | 2:45 AM | Fed's Kashkari speech | Speeches | MEDIUM | - | - | - |
| 5/27/2026 | 4:00 AM | Fed's Logan speech | Speeches | MEDIUM | - | - | - |
| 5/27/2026 | 7:00 AM | MBA Mortgage Applications | Misc | LOW | -8.5 | - | -2.3 |
| 5/27/2026 | 8:15 AM | ADP Employment Change 4-week average | Employment | MEDIUM | 35.75 | - | 42.25 |
| 5/27/2026 | 8:55 AM | Redbook Index (YoY) | Misc | LOW | 9 | - | 8.1 |
| 5/27/2026 | 10:00 AM | Richmond Fed Manufacturing Index | Growth | LOW | 13 | 4 | 3 |
| 5/27/2026 | 1:00 PM | 5-Year Note Auction | Bonds | LOW | 4.182 | - | 3.955 |
| 5/27/2026 | 3:55 PM | Fed's Cook speech | Speeches | MEDIUM | - | - | - |
| 5/27/2026 | 4:30 PM | API Weekly Crude Oil Stock | Misc | LOW | -2.8 | - | -9.1 |
| 5/27/2026 | 8:00 PM | Fed's Jefferson speech | Speeches | MEDIUM | - | - | - |
| 5/27/2026 | 10:25 PM | Fed's Goolsbee speech | Speeches | MEDIUM | - | - | - |
| 5/28/2026 | 8:30 AM | Continuing Jobless Claims | Employment | LOW | 1.786 | 1.78 | 1.782 |
| 5/28/2026 | 8:30 AM | Core Personal Consumption Expenditures (QoQ) | Misc | MEDIUM | 4.4 | 4.3 | 4.3 |
| 5/28/2026 | 8:30 AM | Core Personal Consumption Expenditures - Price Index (MoM) | Inflation | HIGH | 0.2 | 0.3 | 0.3 |
| 5/28/2026 | 8:30 AM | Core Personal Consumption Expenditures - Price Index (YoY) | Inflation | HIGH | 3.3 | 3.3 | 3.2 |
| 5/28/2026 | 8:30 AM | Durable Goods Orders | Growth | MEDIUM | 7.9 | 3.5 | 0.8 |
| 5/28/2026 | 8:30 AM | Durable Goods Orders ex Defense | Growth | MEDIUM | 8.1 | - | -0.3 |
| 5/28/2026 | 8:30 AM | Durable Goods Orders ex Transportation | Growth | MEDIUM | 1.1 | 0.5 | 0.9 |
| 5/28/2026 | 8:30 AM | Gross Domestic Product Annualized | Misc | MEDIUM | 1.6 | 2 | 2 |
| 5/28/2026 | 8:30 AM | Gross Domestic Product Price Index | Inflation | MEDIUM | 3.5 | - | 3.6 |
| 5/28/2026 | 8:30 AM | Initial Jobless Claims | Employment | MEDIUM | 215 | 211 | 209 |
| 5/28/2026 | 8:30 AM | Initial Jobless Claims 4-week average | Employment | LOW | 209 | - | 202.5 |
| 5/28/2026 | 8:30 AM | Nondefense Capital Goods Orders ex Aircraft | Misc | MEDIUM | -1.1 | 0.4 | 3.3 |
| 5/28/2026 | 8:30 AM | Personal Consumption Expenditures - Price Index (MoM) | Inflation | MEDIUM | 0.4 | 0.5 | 0.7 |
| 5/28/2026 | 8:30 AM | Personal Consumption Expenditures - Price Index (YoY) | Inflation | MEDIUM | 3.8 | 3.8 | 3.5 |
| 5/28/2026 | 8:30 AM | Personal Consumption Expenditures Prices (QoQ) | Misc | MEDIUM | 4.5 | 4.5 | 4.5 |
| 5/28/2026 | 8:30 AM | Personal Income (MoM) | Misc | MEDIUM | 0 | 0.4 | 0.6 |
| 5/28/2026 | 8:30 AM | Personal Spending | Misc | MEDIUM | 0.5 | 0.5 | 0.9 |
| 5/28/2026 | 8:55 AM | Fed's Williams speech | Speeches | MEDIUM | - | - | - |
| 5/28/2026 | 10:00 AM | New Home Sales (MoM) | Growth | LOW | - | 0.67 | 0.682 |
| 5/28/2026 | 10:00 AM | New Home Sales Change (MoM) | Growth | MEDIUM | - | - | 7.4 |
| 5/28/2026 | 10:30 AM | EIA Natural Gas Storage Change | Misc | LOW | - | - | 101 |
| 5/28/2026 | 11:30 AM | 4-Week Bill Auction | Bonds | LOW | - | - | 3.61 |
| 5/28/2026 | 12:00 PM | EIA Crude Oil Stocks Change | Misc | LOW | - | -5 | -7.864 |
| 5/28/2026 | 1:00 PM | 7-Year Note Auction | Bonds | LOW | - | - | 4.175 |
| 5/28/2026 | 1:10 PM | Fed's Musalem speech | Speeches | MEDIUM | - | - | - |
| 5/29/2026 | 6:50 AM | Fed's Schmid speech | Speeches | MEDIUM | - | - | - |
| 5/29/2026 | 8:30 AM | Goods Trade Balance | Growth | LOW | - | - | -88.7 |
| 5/29/2026 | 8:30 AM | Wholesale Inventories | Growth | LOW | - | 0.6 | 1.3 |
| 5/29/2026 | 9:10 AM | Fed's Bowman speech | Speeches | MEDIUM | - | - | - |
| 5/29/2026 | 9:15 AM | Fed's Paulson speech | Speeches | MEDIUM | - | - | - |
| 5/29/2026 | 9:45 AM | Chicago PMI | Growth | MEDIUM | - | 49.7 | 49.2 |
| 5/29/2026 | 1:00 PM | Baker Hughes US Oil Rig Count | Misc | LOW | - | - | 425 |
| 5/29/2026 | 1:40 PM | Fed's Daly speech | Speeches | MEDIUM | - | - | - |
| 5/29/2026 | 3:30 PM | CFTC Gold NC Net Positions | Misc | LOW | - | - | 159.8 |
| 5/29/2026 | 3:30 PM | CFTC Oil NC Net Positions | Misc | LOW | - | - | 172.6 |
| 5/29/2026 | 3:30 PM | CFTC S&P 500 NC Net Positions | Misc | LOW | - | - | -140.6 |
Tuesday 5/26/2026
5/26/2026ET: 8:30 AMChicago Fed National Activity Index LOW · Central Bank
Actual: 0.14
Forecast: -
Previous: -0.2
5/26/2026ET: 9:00 AMHousing Price Index (MoM)MEDIUM · Inflation
Actual: 0.1
Forecast: 0.1
Previous: 0
5/26/2026ET: 9:00 AMS&P/Case-Shiller Home Price Indices (YoY)LOW · Misc
Actual: 0.8
Forecast: 1
Previous: 0.9
5/26/2026ET: 10:00 AMConsumer ConfidenceMEDIUM · Consumer Surveys
Actual: -
Forecast: -
Previous: -
5/26/2026ET: 10:30 AMDallas Fed Manufacturing Business IndexLOW · Central Bank
Actual: 0.4
Forecast: -
Previous: -2.3
5/26/2026ET: 11:30 AM3-Month Bill AuctionLOW · Bonds
Actual: 3.595
Forecast: -
Previous: 3.6
5/26/2026ET: 11:30 AM6-Month Bill AuctionLOW · Bonds
Actual: 3.65
Forecast: -
Previous: 3.615
5/26/2026ET: 1:00 PM2-Year Note AuctionLOW · Bonds
Actual: 4.071
Forecast: -
Previous: 3.812
5/26/2026ET: 8:20 PMFed's Kashkari speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
Wednesday 5/27/2026
5/27/2026ET: 2:45 AMFed's Kashkari speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
5/27/2026ET: 4:00 AMFed's Logan speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
5/27/2026ET: 7:00 AMMBA Mortgage ApplicationsLOW · Misc
Actual: -8.5
Forecast: -
Previous: -2.3
5/27/2026ET: 8:15 AMADP Employment Change 4-week averageMEDIUM · Employment
Actual: 35.75
Forecast: -
Previous: 42.25
5/27/2026ET: 8:55 AMRedbook Index (YoY)LOW · Misc
Actual: 9
Forecast: -
Previous: 8.1
5/27/2026ET: 10:00 AMRichmond Fed Manufacturing IndexLOW · Growth
Actual: 13
Forecast: 4
Previous: 3
5/27/2026ET: 1:00 PM5-Year Note AuctionLOW · Bonds
Actual: 4.182
Forecast: -
Previous: 3.955
5/27/2026ET: 3:55 PMFed's Cook speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
5/27/2026ET: 4:30 PMAPI Weekly Crude Oil StockLOW · Misc
Actual: -2.8
Forecast: -
Previous: -9.1
5/27/2026ET: 8:00 PMFed's Jefferson speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
5/27/2026ET: 10:25 PMFed's Goolsbee speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
Thursday 5/28/2026
5/28/2026ET: 8:30 AMContinuing Jobless ClaimsLOW · Employment
Actual: 1.786
Forecast: 1.78
Previous: 1.782
5/28/2026ET: 8:30 AMCore Personal Consumption Expenditures (QoQ)MEDIUM · Misc
Actual: 4.4
Forecast: 4.3
Previous: 4.3
5/28/2026ET: 8:30 AMCore Personal Consumption Expenditures - Price Index (MoM)HIGH · Inflation
Actual: 0.2
Forecast: 0.3
Previous: 0.3
5/28/2026ET: 8:30 AMCore Personal Consumption Expenditures - Price Index (YoY)HIGH · Inflation
Actual: 3.3
Forecast: 3.3
Previous: 3.2
5/28/2026ET: 8:30 AMDurable Goods OrdersMEDIUM · Growth
Actual: 7.9
Forecast: 3.5
Previous: 0.8
5/28/2026ET: 8:30 AMDurable Goods Orders ex DefenseMEDIUM · Growth
Actual: 8.1
Forecast: -
Previous: -0.3
5/28/2026ET: 8:30 AMDurable Goods Orders ex TransportationMEDIUM · Growth
Actual: 1.1
Forecast: 0.5
Previous: 0.9
5/28/2026ET: 8:30 AMGross Domestic Product AnnualizedMEDIUM · Misc
Actual: 1.6
Forecast: 2
Previous: 2
5/28/2026ET: 8:30 AMGross Domestic Product Price IndexMEDIUM · Inflation
Actual: 3.5
Forecast: -
Previous: 3.6
5/28/2026ET: 8:30 AMInitial Jobless ClaimsMEDIUM · Employment
Actual: 215
Forecast: 211
Previous: 209
5/28/2026ET: 8:30 AMInitial Jobless Claims 4-week averageLOW · Employment
Actual: 209
Forecast: -
Previous: 202.5
5/28/2026ET: 8:30 AMNondefense Capital Goods Orders ex AircraftMEDIUM · Misc
Actual: -1.1
Forecast: 0.4
Previous: 3.3
5/28/2026ET: 8:30 AMPersonal Consumption Expenditures - Price Index (MoM)MEDIUM · Inflation
Actual: 0.4
Forecast: 0.5
Previous: 0.7
5/28/2026ET: 8:30 AMPersonal Consumption Expenditures - Price Index (YoY)MEDIUM · Inflation
Actual: 3.8
Forecast: 3.8
Previous: 3.5
5/28/2026ET: 8:30 AMPersonal Consumption Expenditures Prices (QoQ)MEDIUM · Misc
Actual: 4.5
Forecast: 4.5
Previous: 4.5
5/28/2026ET: 8:30 AMPersonal Income (MoM)MEDIUM · Misc
Actual: 0
Forecast: 0.4
Previous: 0.6
5/28/2026ET: 8:30 AMPersonal SpendingMEDIUM · Misc
Actual: 0.5
Forecast: 0.5
Previous: 0.9
5/28/2026ET: 8:55 AMFed's Williams speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
5/28/2026ET: 10:00 AMNew Home Sales (MoM)LOW · Growth
Actual: -
Forecast: 0.67
Previous: 0.682
5/28/2026ET: 10:00 AMNew Home Sales Change (MoM)MEDIUM · Growth
Actual: -
Forecast: -
Previous: 7.4
5/28/2026ET: 10:30 AMEIA Natural Gas Storage ChangeLOW · Misc
Actual: -
Forecast: -
Previous: 101
5/28/2026ET: 11:30 AM4-Week Bill AuctionLOW · Bonds
Actual: -
Forecast: -
Previous: 3.61
5/28/2026ET: 12:00 PMEIA Crude Oil Stocks ChangeLOW · Misc
Actual: -
Forecast: -5
Previous: -7.864
5/28/2026ET: 1:00 PM7-Year Note AuctionLOW · Bonds
Actual: -
Forecast: -
Previous: 4.175
5/28/2026ET: 1:10 PMFed's Musalem speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
Friday 5/29/2026 Today
5/29/2026ET: 6:50 AMFed's Schmid speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
5/29/2026ET: 8:30 AMGoods Trade BalanceLOW · Growth
Actual: -
Forecast: -
Previous: -88.7
5/29/2026ET: 8:30 AMWholesale InventoriesLOW · Growth
Actual: -
Forecast: 0.6
Previous: 1.3
5/29/2026ET: 9:10 AMFed's Bowman speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
5/29/2026ET: 9:15 AMFed's Paulson speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
5/29/2026ET: 9:45 AMChicago PMIMEDIUM · Growth
Actual: -
Forecast: 49.7
Previous: 49.2
5/29/2026ET: 1:00 PMBaker Hughes US Oil Rig CountLOW · Misc
Actual: -
Forecast: -
Previous: 425
5/29/2026ET: 1:40 PMFed's Daly speechMEDIUM · Speeches
Actual: -
Forecast: -
Previous: -
5/29/2026ET: 3:30 PMCFTC Gold NC Net PositionsLOW · Misc
Actual: -
Forecast: -
Previous: 159.8
5/29/2026ET: 3:30 PMCFTC Oil NC Net PositionsLOW · Misc
Actual: -
Forecast: -
Previous: 172.6
5/29/2026ET: 3:30 PMCFTC S&P 500 NC Net PositionsLOW · Misc
Actual: -
Forecast: -
Previous: -140.6

Weekly QQQ Market Narrative – May 18 2026
May 17, 2026
QQQ enters the week with weakening short-term structure as yields, oil, and macro uncertainty pressure growth equities. Markets remain highly reactive to liquidity conditions, Fed communication, and leadership from major