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Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg

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Thursday:
• At 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for 219,000 initial claims, down from 225,000 last week.

• Also at 8:30 AM, the Philly Fed manufacturing survey for November. The consensus is for a reading of 7.5, up from 5.6.

• At 10:00 AM, Existing Home Sales for October from the National Association of Realtors (NAR). The consensus is for 5.49 million SAAR, up from 5.38 million in September. Housing economist Tom Lawler expects the NAR to report sales of 5.36 million SAAR (take the under!).
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