Archive for November 23rd, 2009

U.S. Housing – Strenght or a Relapse?

Existing Home Sales came at level of 6.2 million vs. 5.7 million consensus and 5.6 million level the month before. Positive figure courtesy of late extension of first time home buyer tax credit (closing required by November) and record low mortgage rates. Chart 1. Existing Home Sales Looking back to the last’s week housing data […]

New Week Intro Nov 23

Important U.S. earnings this week: Monday: Analog Devices (ADI), Atwood Oceanics (ATW), Brocade Communications Systems (BRCD), Hewlett-Packard (HPQ), Nuance Communications (NUAN), Tech Data Corporation (TECD), Tyson Foods (TSN), Valspar (VAL) Tuesday: American Eagle Outfitters (AEO), Barnes & Noble (BKS), Blue Coat Systems (BCSI), H.J. Heinz Company (HNZ), Hormel Foods Corporation (HRL),  J. Crew Group, Inc.(JCG), […]


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