For the week of August 24th
For the week of August 24th - here are the events that matter on the economic calendar :
Tuesday 8/25 S&P/Case-Shiller Composite: 20 city home price index YOY 9am EST - whisper number is -16.5% ednesday 8/26 MBA Mortgage Apps. 7am EST
Wednesday 8/26 Durable Goods Orders 8:30am EST - whisper number is 3.0%
Wednesday 8/26 New Home Sales 10am EST - whisper number is 390k
Wednesday 8/26 Oil Inventory DOE release 10:30am EST - IS THERE AN ADJUSTMENT TO LAST WEEK'S LARGE DRAWDOWN?? BIG QUESTION
Thursday 8/27 Initial Jobless Claims 8:30am EST - whisper number is 560,000
Friday 8/28 Univ. of Michigan Consumer Confidence 10am EST - whisper number is 64
On the earnings front
Some of the bigger companies that report are Dell, Burger King, Borders Group, Medtronic, Toll Bros., and Tiffany & Co.
Toll Bros. will be a great read on the state of high end housing.
Next week (8/31-9/4) will be one of the more important weeks for economic releases.