Happy Thanksgiving!

Weekly Calendar and Market News

 

Today

Building permits rose from 926k in August to 974k in September and then up to 1.034M in October.  The recent jump in October brought building permits to their highest level since June 2008.  Consumer confidence in October dropped to 70.4 (72.4 Expected) in November from an upwardly revised 72.4 (from 71.2) in October.

 

Currently the 10YR Treasury is at 2.711 and FNMA 4.0’s are + 2/32.

 

Home Prices in 20 U.S. Cities Rise Most Since February 2006 - Home prices in 20 U.S. cities rose by the most since February 2006 in the 12 months through September, showing the housing market sustained progress even as borrowing costs climbed.

 

US building permits surge in October to highest since 2008 - Permits for future U.S. home construction rose to their highest level in nearly 5-1/2 years in October, suggesting the housing market recovery remained intact despite recent signs of slowing down.

 

Consumer confidence falls in November - U.S. consumer confidence fell in November as Americans worried about their future jobs and earnings prospects, according to a private sector report released on Tuesday.

 

Bond Market Price Trend

 

 

Weekly Calendar

 

Date	ET	Release	For	Actual	Consensus	Prior	Revised From
25-Nov	10:00	Pending Home Sales	Oct	-0.60%	1.30%	-4.60%	-5.60%
26-Nov	8:30	Building Permits	Sep	974K	932K	926K	918K
26-Nov	8:30	Building Permits	Oct	1034K	932K	974K
26-Nov	9:00	Case-Shiller 20-city Index	Sep	13.30%	13.00%	12.80%
26-Nov	9:00	FHFA Housing Price Index	Sep	0.30%	NA	0.40%	0.30%
26-Nov	10:00	Consumer Confidence	Nov	70.4	72.4	72.4	71.2
27-Nov	7:00	MBA Mortgage Index	23-Nov		NA	-2.30%
27-Nov	8:30	Initial Claims	23-Nov		330K	323K
27-Nov	8:30	Continuing Claims	16-Nov		2875K	2876K
27-Nov	8:30	Durable Orders	Oct		-2.20%	3.80%	3.70%
27-Nov	8:30	Durable Goods –ex transportation	Oct		0.20%	-0.20%	-0.10%
27-Nov	9:45	Chicago PMI	Nov		58	65.9
27-Nov	9:55	Michigan Sentiment - Final	Nov		73	72
27-Nov	10:00	Leading Indicators	Oct		-0.10%	0.70%
27-Nov	10:30	Crude Inventories	23-Nov		NA	0.375M
27-Nov	12:00	Natural Gas Inventories	23-Nov		NA	-45 bcf

Flu Shots in Chino California

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4970 LONE ACRES COURT, Rancho Cucamonga, 91737

4970 LONE ACRES COURT, Rancho Cucamonga, 91737

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"Give Love Tour" for Veterans-Call for Volunteers

"Give Love Tour" for Veterans-Call for Volunteers

Chino, California's Final CYAA soccer signup Saturday

Final CYAA soccer signup Saturday

Final registration for boys and girls soccer for the Christian Youth Athletic Association will be Saturday at Ontario Christian High School, 931 W. Philadelphia St.
Registration will be from 9 a.m. to noon. Boys and girls in kindergarten through eighth grade are eligible to participate.
Practices will begin in December with games played Jan. 11 through March 1 at Ontario Christian High.
The registration fee is $90. 
Information: 909-331-0775, or www.cyaa.org