NOTEWORTHY EVENTS for this WEEK

Here is a brief list of some of the key events for this Christmas shortened week.

Monday

ConAgra Foods Inc. (CAG) and Jabil Circuit Inc. (JBL) are slated to report.

Tuesday

Report on U.S. third-quarter gross domestic product and November’s existing home sales.

Lindsay Corp. (LNN), Progress Software Corp. (PRGS), The Finish Line Inc. (FINL), Micron Technology Inc. (MU), and Red Hat Inc. (RHT) are scheduled to report.

Wednesday

November’s personal income/spending, November’s PCE price index, November’s new home sales, and December’s revised University of Michigan consumer sentiment index, and weekly U.S. petroleum supplies.

American Greetings Corp. (AM) will release its quarterly report.

Thursday

Shortened session today due to the Christmas holiday, but weekly initial jobless claims and November’s durable goods orders are on the docket.

No major earnings reports scheduled for release.

Friday

Markets closed

SECTORS:

Financials: Bearish
Internet: Bullish
Retail: Bullish