Trading Radar: Is End of Recession Near?
Stay one step ahead of the rest.
Next week we'll get some more insight on housing especially with the closely-watched S&P Case/Shiller Index. Durable goods will also be a big one as we find out if businesses are investing on big ticket items presumably for the long term.
Monday, August 24
After: ARAY, FMCN, WINN
Auctions: 3 and 6 month auction at 1PM EST
Tuesday, August 25
9:00 S&P/CaseShiller Home Price Index: -16.40 cons, -17.06% prior.
10:00 Consumer Confidence: 48.0 cons. 46.6 prior.
Before: AMWD, BKC, CHS, COC, DAKT, MDT, SAFM, SPLS, TUES
After: BCSI, MYGN
Auctions: 4 and 52 week, 2-yr note at 1PM EST
Wednesday, August 26
8:30 Durable Orders: 3.2% cons. -2.5% prior.
8:30 Durable Orders ex transportation: 1.0% cons. 1.1% prior.
10:00 New Home Sales: 390 k, 384 k prior.
10:30 Crude Inventories
Before: BWS, DLTR, NWY, WSM,
After: CWTR, JAS, TIVO, GES,
Dennis Lockhart Speaks at 11:30 AM EST
Auctions: 5-yr notte at 1:00 PM EST
Thursday, August 27
08:30 Initial Jobless Claims
8:30 2Q GDP-Prelim: -1.4% cons, -1.0% prior.
8:30 GDP Deflator: 0.2% cons. 0.2% prior.
8:30 Core PCE: 2.0% cons. 2.0% prior.
Before: APWR, AEO, CSUN, CONN, FRED, ENER, TOl, VIP
After: ARUN, BEBE, DELL, MRVL, MCRS, OVTI, SLH
Auctions: 7-year note auction at 1:00 PM EST
James Bullard speaks at 5:00 PM EST
Friday, August 28
08:30 Personal Income: 0.1% cons, -1.3% prior.
08:30 Personal Spending: 0.2% cons, 0.4% prior.
8:30 PCE Core: 0.1% cons, 0.2% prior.
9:55 Michigan Sentiment-Rev: 64.8 cons, 63.2 prior
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Daily Recap Newsletter