Happy "Thanksgiving and end (almost) of the 3-1/2 day week! Stocks hit new highs and trade volume is back up to steady (average). Metals got the same "leave-early-for-Thanksgiving" attitude and futures have them both off/flat.
What's poppin' is the econ reports hitting the fan so the bean counters can run for cover:
7:00 AM MBA Mortgage Index
8:30 AM Continuing Claims
8:30 AM Durable Orders
8:30 AM Initial Claims
8:30 AM Continuing Claims
8:30 AM Durable Orders, Ex- Transportation
8:30 AM Durable Orders
8:30 AM Durable Orders, Ex- Transportation
9:00 AM FHFA Housing Price Index
10:00 AM Michigan Sentiment - Final
10:00 AM New Home Sales
10:00 AM Michigan Sentiment - Final
10:30 AM Crude Inventories
10:30 AM Natural Gas Inventories
12:00 PM Natural Gas Inventories
2:00 PM FOMC Minutes
Other news:
- Is It Time to Ready For an Index Fund Selloff? - Mark Cussen, Investopedia
- Globalization And Poverty - Marian Tupy, Reason
- A Big Boom for Stocks - Brian Wesbury & Robert Stein, First Trust Advisors
- Existing Home Sales: We're Not Impressed - Richard Moody, Regions Bank
- Thanksgiving: Capitalism Wins Over Collectivism