Friday, December 16, 2011

'Twas the Week Before Christmas...

A busy week ahead that will no doubt totally destroy the last minute shopping plans of dedicated traders. Only Monday is free of major reports, so it is get it done Monday or join the truly desperate crowds on the weekend before Christmas.

On Tuesday, housing starts; Wednesday, existing home sales; Thursday, gross domestic product (the 3rd quarter final numbers) and jobless claims; and Friday, durable goods, personal income and spending, and new home sales.

And, the week after Christmas, the markets will be closed on Monday, Dec. 26.

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