Market Analysis

Bonds are down in price (higher in rate/yield) and stocks are stronger today.  No economic news is on the calendar today.  This week's economic calendar is also light.  Below is a  recap:

Monday, July 19, 2010

• No key data

Tuesday, July 20, 2010

• June Housing Starts and Buildiing Permits - Starts expected to down to an annualized pace of 575,000 units vs 593,000 in May. Permits expected to be down to an annualized pace of 572,000 units vs 574,000 in May

Wednesday, July 21, 2010

• No key data

Thursday, July 22, 2010

• Initial Jobless Claims for the Week ended 7/17/10 - expected up to 445,000 from 429,000 the prior week.
• Continuing Jobless Claims for the Week ended 7/10/10 - expected to be down to 4.6 million from 4.681 million the week prior.
• June Existing Home Sales - expected down to an annualized pace of 5.09 million from a pace of 5.66 million in May.
• Conference Board June Leading Indicators - expected down .4%

Friday, July 23, 2010

• No key data