What To Watch Week of 8-23-2010

• Existing Home Sales Aug 24th at 10:00am est
• 4.6 million is what the market expects
• Could be a large miss due to the hang over of the tax credit
• Looking for a miss here
• Initial Claims Aug 26th at 8:30am est
• -485k is what the market expects
• Could see over -500k Again
• GDP - Second Estimate Aug 27th 8:30am est
• 1.4 what the market expects
• Looking for 1.3
• If it is under 1.3, Watch for Q3 GDP to be in the RED!