Weekly Newsletter October 28th - November 3rd

Current Events: The market took a hit last week as Tuesday's slide deflated all three major U.S. indexes. With September's gains all but washed away, investors will look to see if the market can rebound this week. However, most will undoubtedly be distracted, at least during the early parts of the week, by the monstrous storm attacking the eastern coastline of the U.S.

What to Look for This Week

An interesting week awaits for investors as the presidential election is just over a week away. Key economic data, such as the unemployment rate and consumer confidence, will likely have some impact on the market, as well as the election. Overall volume may be muffled though due to a quiet week of earnings and Hurricane Sandy's presence on Wall Street during the early part of the week.

News Affecting the Markets

With sandbags layered outside the New York Stock Exchange (NYSE) in an attempt to protect the Mecca of the financial world from the affects of Hurricane Sandy, floor trading on Monday has been cancelled until the danger of the powerful storm passes. States of emergency have been declared in 12 states along the east coast thus far as the U.S. coastline bunkers down for potentially life-threatening storm-surges.

Smart Investing

Investing in Gold and Silver: When a business is suffering financial problems such as the automobile industry has of late, often these companies offer buyout retirement options that prove interesting enough that the employees take on early retirement. The typical U.S. severance package often includes a small amount of weeks of pay decided by every year the person was an employee, plus they may add the unused vacation time, a few months of health insurance coverage, and/or allow a lump sum payout of entitled pension benefits. Whether or not a person should accept these buyout retirement options centers on many different factors, these factors include but are not limited to the time that the person actually has before nearing their objective retirement age, the condition of their health, other income, the amount of savings they have, how long it will take to get another job should they need to, and finally the cost of interim health care either before filing for Medicare or being carried by insurance at the next job.

Earnings for the Week

Monday: Anadarko Petroleum Corp (APC) {after the close}, Baidu Inc (BIDU) {after the close}, Burger King Worldwide, Inc. (BKW), CNO Financial Group Inc (CNO) {after the close}, EXCO Resources Inc (XCO) {after the close}, Forest Oil Corp (FST) {after the close}, Harris Corp (HRS), Herbalife Ltd (HLF) {after the close}, Hertz Global Holdings Inc (HTZ) {after the close}, Life Technologies Corp (LIFE) {after the close}, Loews Corp (L), Mannkind Corp (MNKD), Masco Corp (MAS) {after the close}, New Oriental Education & Technology Group Inc (EDU), Northeast Utilities (NU), Oceaneering International Inc (OII) {after the close}, Overseas Shipholding Group Inc (OSG), PG&E Corp (PCG), Plum Creek Timber Company Inc (PCL) {after the close}, Senior Housing Properties Trust (SNH), Titanium Metals Corp (TIE), UDR Inc (UDR), Vertex Pharmaceuticals Inc (VRTX) {after the close}, Weingarten Realty Investors (WRI)

Tuesday: No major announcements scheduled.

Wednesday: No major announcements scheduled.

Thursday: No major announcements scheduled.

Friday: No major announcements scheduled.
* Earnings dates and times are subject to change

Economic Data this Week

Monday
Personal Income @ 8:30 AM for September (Est. = 0.5% to 0.6%, Prior = 0.1%)
Personal Spending @ 8:30 AM for September (Est. = 0.4% to 0.6%, Prior = 0.5%)

Tuesday
Case-Shiller 20-city Index @ 9:00 AM for August (Est. = 1.5% to 1.7%, Prior = 1.2%)
Consumer Confidence @ 10:00 AM for October (Est. = 72.5 to 73.0, Prior = 70.3)

Wednesday
MBA Mortgage Index @ 7:00 AM for 10/27 (Est. = n/a, Prior = -12.0%)
ADP Employment Change @ 8:15 AM for October (Est. = 135K to 140K, Prior = 162K)
Chicago PMI @ 9:45 AM for October (Est. = 50.0 to 50.4, Prior = 49.7)
Crude Oil Inventories @ 10:30 AM for 10/27 (Est. = n/a, Prior = 5.896M)

Thursday
Initial Claims @ 8:30 AM for 10/27 (Est. = 375K, Prior = 369K)
Continuing Claims @ 8:30 AM for 10/20 (Est. = 3249K to 3250K, Prior = 3254K)
ISM Index @ 10:00 AM for October (Est. = 50.5 to 51.0, Prior = 51.5)
Construction Spending @ 10:00 AM for September (Est. = 0.8% to 1.0%, Prior = -0.6%)
Auto Sales @ 2:00 PM for October (Est. = n/a, Prior = 5.3M)
Truck Sales @ 2:00 PM for October (Est. = n/a, Prior = 6.3M)

Friday
Nonfarm Payrolls @ 8:30 AM for October (Est. = 125K to 135K, Prior = 114K)
Nonfarm Private Payrolls @ 8:30 AM for October (Est. = 125K to 145K, Prior = 104K)
Unemployment Rate @ 8:30 AM for October (Est. = 7.9%, Prior = 7.8%)
Hourly Earnings @ 8:30 AM for October (Est. = 0.2%, Prior = 0.3%)
Factory Orders @ 10:00 AM for September (Est. = 4.5% to 5.0%, Prior = -5.2%)

Weekly Newsletter October 21st - October 27th

Current Events: Investors witnessed a considerably rocky week unfold in all three major U.S. indexes as various reports throughout the week painted vastly different outlooks on the future of the economy.

What to Look for This Week

Another big week kickoffs Monday for the U.S. financial markets as internet giant Yahoo! announces earnings. Investors will look to tech leader Apple and others within the sector for positive news and solidarity this week.

News Affecting the Markets

With just over two weeks left before the presidential election, investors will scrutinize the final presidential debate on Monday evening, and subsequent polls, in an effort to determine what policies and direction will the U.S. pursue in hopes of improving the economy.

Smart Investing

Investing in Gold and Silver: A direct-investment in gold and silver or in an index exchange traded fund of either can be a good investment in the right conditions. Such funds are an excellent means of diversifying a portfolio against risks. Gold can be a good protection against inflation because it retains and even gains value under many common circumstances. Gold mining companies often do well during bull markets. While silver is more volatile and cannot be relied upon to protect against inflation. Hedged ETFs for the most part are poor investments and must be traded on a short term basis. An individual should only put a percentage of his or her investment funds in such vehicles since they are often more volatile and less likely to preserve value.

Earnings for the Week

Monday: Caterpillar Inc (CAT), Celanese Corp (CE) {after the close}, Chimera Investment Corp (CIM), Freeport-McMoRan Copper & Gold Inc (FCX), Hasbro Inc (HAS), Health Management Associates Inc (HMA) {after the close}, Las Vegas Sands Corp (LVS), MGIC Investment Corp (MTG), Monster Worldwide Inc (MWW), Nielsen Holdings NV (NLSN), Peabody Energy Corp (BTU), Senior Housing Properties Trust (SNH), SunTrust Banks Inc (STI), Swift Transportation Co (SWFT) {after the close}, Texas Instruments Inc (TXN) {after the close}, Veeco Instruments Inc (VECO) {after the close}, W. R. Berkley Corp (WRB) {after the close}, Western Digital Corp {after the close}, Yahoo! Inc (YHOO) {after the close}

Tuesday: 3M Co (MMM), ACE Limited (ACE) {after the close}, Aflac Inc (AFL) {after the close}, AK Steel Holding Corp (AKS), Ametek Inc (AME), Amgen Inc (AMGN) {after the close}, Chicago Bridge and Iron Company NV (CBI) {after the close}, CIT Group Inc (CIT), Coach Inc (COH), E. I. du Pont de Nemours and Co (DD), Facebook Inc (FB) {after the close}, FMC Technologies Inc (FTI) {after the close}, Harley-Davidson Inc (HOG), Illinois Tool Works Inc (ITW), Juniper Networks Inc (JNPR) {after the close}, Lexmark International Inc (LXK), Nabors Industries Ltd (NBR) {after the close}, Netflix Inc (NFLX) {after the close}, Newfield Exploration Co (NFX) {after the close}, Norfolk Southern Corp (NSC) {after the close}, Prologis Inc (PLD), RadioShack Corp (RSH), Reynolds American Inc (RAI), Ryder System Inc (R), Tempur-Pedic International Inc (TPX) {after the close}, Total System Services Inc (TSS) {after the close}, United Parcel Service Inc (UPS), United Technologies Corp (UTX), VMware Inc (VMW) {after the close}, Whirlpool Corp (WHR), Xerox Corp (XRX)

Wednesday: Allegheny Technologies Inc (ATI), Ameriprise Financial Inc (AMP) {after the close}, AT&T Inc (T), Boeing Co (BA), Boyd Gaming Corp (BYD), Brinker International Inc (EAT), Bristol-Myers Squibb Co (BMY), Cliffs Natural Resources Inc (CLF) {after the close}, Corning Inc (GLW), Delta Air Lines Inc (DAL), Dr Pepper Snapple Group Inc (DPS), Eli Lilly and Co (LLY), EMC Corp (EMC), Equifax Inc (EFX) {after the close}, Equity Residential (EWR) {after the close}, General Dynamics Corp (GD), Kimberly-Clark Corp (KMB), Lockheed Martin Corp (LMT), Lorillard Inc (LO), LSI Corp (LSI), New York Community Bancorp Inc (NYB), Northrop Grumman Corp (NOC), Owens Corning (OC), Owens-Illinois Inc (OI) {after the close}, Praxair Inc (PX), Ryland Group Inc (RYL) {after the close}, Superior Energy Services Inc (SPN) {after the close}, Teradyne Inc (TER) {after the close}, Terex Corp (TEX) {after the close}, The Jones Group Inc (JNY), Thermo Fisher Scientific Inc (TMO), Trinity Industries Inc (TRN) {after the close}, US Airways Group Inc (LCC), Wyndham Worldwide Corp (WYN)

Thursday: 3D Systems Corp (DDD), Acme Packet Inc (APKT) {after the close}, Aetna Inc (AET), Altria Group Inc (MO), Amazon.Com Inc (AMZN) {after the close}, Apple Inc (AAPL) {after the close}, Brunswick Corp (BC), Bunge Ltd (BG), CA Inc (CA) {after the close}, Cabot Oil & Gas Corp (COG) {after the close}, Chubb Corp (CB) {after the close}, CME Group Inc (CME), Coca-Cola Enterprises Inc (CCE), Colgate-Palmolive Co (CL), ConocoPhillips (COP), CONSOL Energy Inc (CNX), Deckers Outdoor Corp (DECK) {after the close}, DeVry Inc (DV) {after the close}, Dominion Resources Inc (D), Dow Chemical Co (DOW), Eastman Chemical Co (EMN) {after the close}, EQT Corp (EQT), International Paper Co (IP), Janus Capital Group Inc (JNS), JetBlue Airways Corp (JBLU), National Oilwell Varco Inc (NOV), Occidental Petroleum Corp (OXY), Old Republic International Corp (ORI), Power-One Inc (PWER) {after the close}, Procter & Gamble Co (PG), PulteGroup Inc (PHM), Raytheon Co (RTN), Realty Income Corp (O), Regal Entertainment Group (RGC) {after the close}, Reliance Steel and Aluminum Co (RS), Revlon Inc (REV), Royal Caribbean Cruises Ltd (RCL), Safeguard Scientifics Inc (SFE), Sherwin-Williams Co (SHW), Simon Property Group Inc (SPG), Sprint Nextel Corp (S), Standard Pacific Corp (SPF) {after the close}, Starwood Hotels & Resorts Worldwide Inc (HOT), Tenneco Inc (TEN), The Hershey Co (HSY), Under Armour Inc (UA), United Continental Holdings Inc (UAL), Varian Medical Systems Inc (VAR) {after the close}, Wynn Resorts Ltd (WYNN), Xcel Energy Inc (XEL), Zimmer Holdings Inc (ZMH)

Friday: No announcements scheduled.
* Earnings dates and times are subject to change

Economic Data this Week

Monday
No reports scheduled for release.

Tuesday
No reports scheduled for release.

Wednesday
MBA Mortgage Index @ 7:00 AM for 10/20 (Est. = n/a, Prior = -4.2%)
New Home Sales @ 10:00 AM for September (Est. = 385K, Prior = 373K)
FHFA Housing Price Index @ 10:00 AM for August (Est. = n/a, Prior = 0.2%)
Crude Oil Inventories @ 10:30 AM for 10/20 (Est. = n/a, Prior = 2.860M)
FOMC Rate Decision @ 2:15 PM for October (Est. = 0.25%, Prior = 0.25%)

Thursday
Initial Claims @ 8:30 AM for 10/20 (Est. = 375K, Prior = 388K)
Continuing Claims @ 8:30 AM for 10/13 (Est. = 3237K to 3275K, Prior = 3252K)
Durable Orders @ 8:30 AM for September (Est. = 7.4% to 12.0%, Prior = -13.2%)
Pending Home Sales @ 10:00 AM for September (Est. = 1.0% to 2.4%, Prior = -2.6%)

Friday
Michigan Sentiment @ 9:55 AM for October (Est. = 82.5 to 83.1, Prior = 83.1)

Weekly Newsletter October 14th - October 20th

Current Events: The U.S. markets slid heavily last week recording one of the largest weekly losses in four months as the third quarter earnings season began. Confusion and uncertainty appears to be surrounding the financial markets as the upcoming presidential election, a controversial QE3, euro-zone debt concerns, and mixed economic reports all have caused investors to waiver. Bullish investors are seeking positive news from a busy earnings week as almost half of the Dow components are set to report over the next five business days.

What to Look for This Week

Monday begins the second week of earnings for the season and with that a slew of big names across most major sectors and industries. Financial giants Bank of America, Citigroup, Morgan Stanley are just some of the earning reports investors will keen in on this week. Other popular companies sure to vie for attention this week include Microsoft, IBM, and United Healthcare.

News Affecting the Markets

Last week's downsized earnings forecast from Chevron casted a negative shadow across the oil sector, reminding investors that weaker crude prices and a stronger dollar will likely be a bearish theme running through the third-quarter results of major production and exploration companies. Hurricane Isaac, which tore through the Gulf of Mexico, was highlighted as one of the main culprits for the reduced production levels by Chevron. Apache, Royal Dutch Shell, and BP each have reported similar deficiencies in production due to the high winds of Hurricane Isaac experienced in the Gulf of Mexico during the month of August.

Smart Investing

Importance of Financial Awareness: Whether young or old, it is essential to first invest in your financial awareness before pursuing any form of investments. Having good financial Awareness is not about saving tons of money or dumping them into mutual funds. It is developing a healthy relationship with money and building a wealth of assets that will generate you money. What does it take to develop your financial awareness? Well anyone is capable of creating wealth. When you take a old car and give it an overhaul, paint it with a new coat of paint, and change a few more parts to make it start running again, you could sell that car for more money than if it was just a beat up old car. You would have created wealth in the process. How about a land? If you turn a empty land into a country home, getaway resort, wouldn’t the value of the land increase? It is the same principle for chefs, programmers and craftsmen. The sum of the whole is greater than the parts. We are all capable of creating wealth even out of thin air and that is the first step to getting our creative juices flowing. Are you willing to step out of your comfort zone and pay the price for financial awareness or ignore the signs of the times and expect your boss, the government, and/or the bank to take care of you financially for the rest of your life, living below your means and never taking risks?

Earnings for the Week

Monday: Charles Schwab (SCHW), Citigroup (C), Gannett (GCI)

Tuesday: Apollo Group (APOL), The Coca-Cola Company (KO), Domino's Pizza (DPZ), Forest Labs (FRX), Fortinent (FTNT), IBM (IBM), Intel (INTC), Johnson & Johnson (JNJ), Linear Technology (LLTC), Mattel (MAT), Omnicom Group (OMC), PNC Financial (PNC), State Street Corporation (STT), United Rental (URI), United Healthcare (UNH), Wolverine World Wide (WWW)

Wednesday: Abbott Labs (ABT), American Express (AXP), Amphenol Corp (APH), Bank of New York Mellon (BK), Bank of America (BAC), Blackrock (BLK), Check Point Software (CHKP), Comerica (CMA), Dover Corp. (DOV), EBAY Inc. (EBAY), Halliburton (HAL), Knight Capital (KCG), Noble Corp. (NE), Pepsico (PEP), St. Jude Medical (STJ), Stanley Black & Decker (SWK), Textron Inc. (TXT)

Thursday: Advanced Micro Devices (AMD), Alliance Data Systems (ADS), Baxter International (BAX), BB&T Corp (BBT), Blackstone (BX), Boston Scientific (BSX), Capital One Financial (COF), Chipotle Mexican Grill (CMG), Danaher (DHR), Diamond Offshore (DO), E*Trade Financial (ETFC), Genuine Parts Company (GPC), Google Inc. (GOOG), KeyCorp (KEY), Microsoft Corporation (MSFT), Morgan Stanley (MS), Nucor Corp. (NU), Phillip Morris International (PM), PPG Industries (PPG), Rambus (RMBS), Sandisk (SNDK), Southwest Airlines (LUV), Supervalu (SVU), Travlers (TRV), Union Pacific Corp. (UNP), USG Corp. (USG), Verizon Communications (VZ), Wesco International (WCC)

Friday: Cooper Industries (CBE), Honeywell International (HON), Ingersoll-Rand (IR), Kansas City Southern (KSU), Kinder Morgan (KMI), McDonald's (MCD), Patriot Coal (PCX), Schlumberger (SLB), Wynn Resorts (WYNN)
* Earnings dates and times are subject to change

Economic Data this Week

Monday
Retail Sales @ 8:30 AM for September (Est. = 0.7% to 1.0%, Prior = 0.9%)
Empire Manufacturing @ 8:30 AM for October (Est. = -2.0 to -2.8, Prior = -10.4)
Business Inventories @ 10:00 AM for August (Est. = 0.5%, Prior = 0.8%)

Tuesday
CPI @ 8:30 AM for 10/06 (Est. = 370K to 375K, Prior = 376K)
Industrial Production @ 9:15 AM for September (Est. = 0.0% to 0.2%, Prior = -1.2%)
Capacity Utilization @ 9:15 AM for September (Est. = 78.2% to 78.3%, Prior = 78.2%)
NAHB Housing Market Index @ 10:00 AM for October (Est. = 42, Prior = 40)

Wednesday
MBA Mortgage Index @ 7:00 AM for 10/13 (Est. = n/a, Prior = -1.2%)
Housing Starts @ 8:30 AM for September (Est. = 765K to 768K, Prior = 750K)
Building Permits @ 8:30 AM for September (Est. = 815K, Prior = 803K)
Crude Oil Inventories @ 10:30 AM for 10/13 (Est. = n/a, Prior = 1.672M)

Thursday
Initial Claims @ 8:30 AM for 10/13 (Est. = 360K to 370K, Prior = 339K)
Continuing Claims @ 8:30 AM for 10/06 (Est. = 3275K, Prior = 3273K)
Philadelphia Fed @ 10:00 AM for October (Est. = 0.0 to -0.1, Prior = -1.9)
Leading Indicators @ 10:00 AM for September (Est. = 0.1% to 0.2%, Prior = -0.1%)

Friday
Existing Homes Sales @ 10:00 AM for September (Est. = 4.70M to 4.90M, Prior = 4.82M)

Weekly Newsletter October 7th - October 13th

Current Events: The market's initial reaction to Friday morning's shocking news of an unexpected significant drop in the unemployment rate from 8.1% to 7.8% was not enough to sustain all three major U.S. indexes for the day; however, the economic report did produce enough firepower to keep all three indexes positive for the week.

What to Look for This Week

With the earnings of aluminum giant, Alcoa, set for announcement after the closing bell Monday the official start to another round of earnings will be underway. Popular names, such as JP Morgan Chase, Costco, and Chevron, are all scheduled to announce earnings this week. This earning season investors will be eager to see if stocks can support the recent gains witnessed as a result of the Federal Reserve's infusion of a third round of quantitative easing, more commonly known as QE3.

News Affecting the Markets

The Labor Departments jobs data released on Friday was welcomed with mixed reviews and debates surrounding the data have already ensued. While the unemployment rate is the lowest it has been since 2009, many discredit the progress as most of the 114,000 news which were created are government jobs. Although bullish investors have little to complain about at the moment as all three major U.S. indexes (the Dow Jones, Nasdaq, and S&P 500) are all quickly approaching towards 52-week highs.

Smart Investing

Commercial Mortgage Fine Print: Commercial mortgage loans are used when purchasing structures such as office buildings, apartment complexes, health care facilities and retail outlets. Whether interested in acquiring something as vast as a hi-rise tower or a more practical family-owned restaurant, typically additional funding is needed for buyers to complete the transaction. Similar in many ways to residential loans, commercial mortgages require far more paperwork and getting lost in the fine print becomes a greater risk. When applying for a commercial mortgage, make sure to ask about the Early Redemption Charge. Bear in mind, lenders make money off the interest on the loan. When the loan is repaid in full sooner than anticipated, the lender loses money. To avoid losing money, lenders often include an Early Redemption Charge which can amount to a substantial, one-time sum. If you discover an Early Redemption Charge in the fine print, try to renegotiate. Applying for a commercial mortgage means that you are about to make a serious investment. You have a right to ask questions, renegotiate more favorable terms and do whatever else you feel is necessary.

Earnings for the Week

Monday: Alcoa (AA) {after the close}

Tuesday: Chevron (CVX), YUM! Brands (YUM)

Wednesday: Costco Wholesale (COST), Host Hotels (HST), Progressive Group (PGR)

Thursday: Safeway (SWY)

Friday: JP Morgan & Chase (JPM), Wells Fargo & Co. (WFC)
* Earnings dates and times are subject to change

Economic Data this Week

Monday
No announcements scheduled.

Tuesday
No announcements scheduled.

Wednesday
MBA Mortgage Index @ 7:00 AM for 10/06 (Est. = n/a, Prior = 16.6%)
Wholesale Inventories @ 10:00 AM for August (Est. = 0.5% to 0.6%, Prior = 0.7%)
Fed Beige Book @ 2:00 PM for September

Thursday
Initial Claims @ 8:30 AM for 10/06 (Est. = 370K to 375K, Prior = 376K)
Continuing Claims @ 8:30 AM for 09/29 (Est. = 3275K, Prior = 3281K)
Trade Balance @ 8:30 AM for August (Est. = -$43.8B to -$44.6B, Prior = -$42.0B)
Crude Oil Inventories @ 11:00 AM for 10/06 (Est. = n/a, Prior = -0.482M)

Friday
PPI @ 8:30 AM for September (Est. = 0.5% to 0.8%, Prior = 1.7%)
Michigan Sentiment @ 9:55 AM for October (Est. = 78.5 to 80.0, Prior = 78.3)

Weekly Newsletter September 30th - October 6th

Current Events: The Federal Reserve's recent move to go forward with quantitative easing for a third time has already caused a few ups and downs for the market. Tuesday's large slide was the latest substantial move experienced in the U.S. markets due to the Fed's purchasing program commonly known as QE3. Many high ranking officials and financial experts have voiced concerns over the Fed's decision, but Bernanke and team have repeatedly expressed their strong belief that the Fed should step in to support the economy.

What to Look for This Week

As expected, Friday's unemployment rate will be one of the most heavily anticipated and scrutinized reports this week. Some investors are even boldly expecting a rise in unemployment by a tenth of a percent, something that has not occurred for quite some time, which could quickly turn the market sour.

News Affecting the Markets

Federal Reserve Chairman Ben Bernanke will likely utilize Monday afternoon's meeting to promote the benefits of quantitative easing. This comes just days after the stock market reacted negatively to a strong rebuke of bond purchases from noted hawk Charles Plosser, the president of the Philadelphia Fed Bank. Plosser supported his actions stating the program (QE3) wouldn’t create jobs and risked the Fed’s credibility.

Smart Investing

Following Insider Decisions:  Many investors like to track what insiders are doing and mimic what they do by buying shares in a company when the insiders do. The thinking being that insiders are the best placed individuals to know what truly is happening in their own company and thus they only buy shares when they are confident that the projections are good. This logic is actually based on historical evidence which does indicate abnormal gains in such scenarios. Insiders' trading signals clearly generate significant positive abnormal returns on the buy side and small, less significant returns on the sell side. Larger abnormal returns are concentrated in smaller value stocks in particular. If you want to track insiders' buys, remember they will buy at a better price than you will get, because once it becomes known that insiders have been buying, the share price quickly goes up. So is it a good strategy to track share buys by company Insiders? Typically yes, provided they have bought a significant amount and only if you can buy your shares at something close to what the Insiders paid for theirs.

Earnings for the Week

Monday: No major announcements.

Tuesday: No major announcements.

Wednesday: Family Dollar Store (FDO), Marriott International (MAR), Monsanto (MON) {after the close}

Thursday: No major announcements.

Friday: Constellation Brands (STZ)

* Earnings dates and times are subject to change

Economic Data this Week

Monday

ISM Index @ 10:00 AM for September (Est. = 49.2 to 49.7, Prior = 49.6)

Construction Spending @ 10:00 AM for August (Est. = 0.1% to 0.4%, Prior = -0.9%)

Tuesday

Auto Sales @ 2:00 PM for September (Est. = n/a, Prior = 5.3M)
Truck Sales @ 2:00 PM for September (Est. = n/a, Prior = 6.3M)

Wednesday

MBA Mortgage Index @ 7:00 AM for 09/29 (Est. = n/a, Prior = 2.8%)
ISM Services @ 10:00 AM for September (Est. = 52.0 to 53.0, Prior = 53.7)
Crude Oil Inventories @ 10:30 AM for 09/29 (Est. = n/a, Prior = -2.446M)
FOMC Minutes @ 2:00 PM for 9/12

 Thursday

Initial Claims @ 8:30 AM for 09/29 (Est. = 365K to 370K, Prior = 359K)
Continuing Claims @ 8:30 AM for 09/22 (Est. = 3273K to 3275K, Prior = 3271K)
Factory Orders @ 10:00 AM for August (Est. = -5.5% to -6.0%, Prior = 2.8%)

Friday

Non-farm Payrolls @ 8:30 AM for September (Est. = 120K, Prior = 96K)
Unemployment Rate @ 8:30 AM for September (Est. = 8.1% to 8.2%, Prior = 8.1%)
Consumer Credit @ 3:00 PM for August (Est. = $5.0B, Prior = -$3.3B)