Monday
Economic Report: ISM Index
The ISM Index is expected to show another moderate increase to 46.5 this morning, up from 44.8 last month . A reading above 50 indicates economic expansion, so while we are still not above that threshold, we are at least moving in the right direction.
Earnings Announcements: Toyota Motors (TM) Read the full story
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
