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Don't expect much in the housing market

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  • Description

    Sital Patel explains what to watch with upcoming jobless claims

  • Duration 2:33
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A big week and we have stuff that we had to pay attention to earnings in particular.

But to -- it does here with us -- -- -- other stuff that's -- right yes big week for housing one housing housing starts building -- existing home sales.

But until -- economists is what he said.

Don't expect much in will be disappointed in housing and housing -- because you know he said.

Nothing is making any traction you know I have.

Steady thirty year mortgage rates at record lows.

And usually mild winter.

Yet the contract is -- building is aren't going out there and you're making plans early plans for the June capacity here.

And that's disappointing big time so that -- got that going on but the biggest thing to watch this week -- jobless claims on Thursday.

After last week's disappointment to remember this -- -- 88 dropped.

So everyone can be watching for earnings the job with things rather because they expect the expectation is -- go from three to get through seventy.

If they don't.

This is it like after two months of -- would be growing.

-- -- -- and that's creating worries -- really close to that pivotal 400000 number exactly so we come in over 400 grand not it is not good exactly several anyway the market -- be watching and you know we've got some earnings -- Good if anything he's -- in the -- week.

You know it might be completed this week we've got 86 companies and -- reporting our last.

And so I don't think pretty positive it hasn't Goldman today Jane.

-- become callable rain this morning -- Yahoo! often -- tomorrow.

American Express today Yum! Brands huge.

Retail type you know companies that we'll tell us what the retailer is at retail consumer is doing rather.

Thursday -- the BankAmerica Johnson Johnson Bryson.

Friday jet blue's you know.

-- G -- McDonald's.

It's -- really tell us what.

How people are feeling and that's a big is -- big week.

Future one of the busiest -- yet -- cent to 86 of the 500 reporting that's a nice little tell that's almost 20% and that's a good good temperature it's a good chunk of change and no you're right that banks that woman number I thought was a good one actually my guess -- wait to hear from Morgan it was a JPMorgan last week Wells Fargo.

Relatively Morgan Stanley that I presume is next week and that it is really to this we can't -- OK and -- but Bank of America Amex and still have all those banks report to right.

-- it's good stuff will be looking out for certainly watch.

4 o'clock.

List claiming -- and they are definitely covering all those after hours numbers that I shadows of the Christian I.

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