Tom Hanna's Lifestream

The holiday shortened week gets a holiday shortened version of the Financial Roadmap. The major numbers to watch this week are all due out Monday, Tuesday and Wednesday. Monday and Wednesday, the National Association of Realtors will report on existing home sales and the Commerce Department will report on new home sales. Also Wednesday, the Commerce Department will report on durable goods orders – a number that provided a positive showing and an upside surprise of nearly 2% in the last report. Look especially at nondefense capital goods orders, a component of the Leading Index. Tuesday, the Conference Board's Consumer Confidence Index will be released. The big question here will be how much, if at all, the huge drop in energy prices has offset the huge drop in the stock market and doomsday reporting by the media. The only major number due out Friday is money supply and every indication is that the 4-week and 13-week averages for M1 and M2 will increase again.

Day / Date





Monday





Tuesday





Wednesday





Thursday





Friday







Indicators

Leading Index for Mexico from the Conference Board Leading Index for Australia from the Conference Board October Existing Home Sales from the National Association of Realtors

3rd Quarter GDP Preliminary estimate from the Bureau of Economic Analysis November Consumer Confidence from The Conference Board Weekly Redbook Retail Index

October Durable Goods Orders from the Commerce Department October New Home Sales from the Commerce Department October Personal Income and Outlays from the Commerce Department Weekly Mortgage Applications Survey from the Mortgage Bankers Association Weekly Petroleum Inventory Report and This Week in Petroleum from the Energy Information Administration Weekly Jobless Claims report from the Employment and Training Administration

Thanksgiving Day

Weekly Money Supply (M1 and M2) from the Federal Reserve

Treasury Auctions and Announcements

11 AM: 4-Week T-Bill Announcement 1 PM: 3-Month and 6- Month T-Bill Auctions 1 PM: 2-Year Treasury Note Auction

1 PM: 4-Week T-Bill Auction 1 PM: 5- Year Treasury Note Auction

11 AM: 3-Month and 6- Month T-Bill Announcements

Thanksgiving Day

None

*See more information on the Financial Roadmap series here. Earnings reports are companies of interest, NOT recommendations. You're reading a post from Financial Options, hopefully in your feed reader and not on a scraper site. Click through for the original and more like it. Financial Roadmap: The Week Ahead November 24 to 28, 2008