Monday

Economic Reports: Pending Home Sales

The Pending Home Sales report for March comes out this morning at 10:00 am, and I am a little surprised by the expectations (flat). With all the foreclosures continuing, and prices still sliding, I think this report will show a modest increase in Pending Home Sales. Read the full story

Monday:

Earnings Announcements: BIDU, QCOM

Tuesday:

Economic Reports: Consumer Confidence, S&P/CaseShiller Home Price Index

Consumer Confidence is expected to show an improvement in April, although by a less than impressive amount. The reading is supposed to show an uptick of 2.8 percent, however an increase of 5 percent or more is considered ‘significant’. At this point, I think the economy will take any positive move it can get, small or not. Read the full story