Homebuilder index only report today
David Russell | email@example.com
Homebuilder data is the only economic report on today's economic calendar.
The National Association of Home Builders will release its sentiment index at 10 a.m. ET. Economists expect a reading of 47, up from 46 in November. A strong number could lift homebuilder stocks, while a weak result could hurt sentiment toward the sector.
Another big event occurs after the bell when software giant Oracle reports quarterly earnings.
Cramer: Why defaults are positive
November 10, 2014
The country has been headed toward a policy of zero defaults, meaning that no one should be able to get a loan who can't pay it back.
Call selling hits homebuilder fund
October 27, 2014
A large trader is selling March calls in the SPDR Homebuilders Fund, apparently in the belief that upside potential it limited.