Blog > US Stocks and Markets > Blog article: Pending home sales reported at 10 A.M.
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Pending home sales reported at 10 A.M.

Posted June 8, 2008

Baltimore — (TFN): Economic news for Monday, June 9, are of the same caliber as Adam Sandler movies: You’re amazed anyone’s paying attention… but they move a lot of cash.

At 10:00 AM, Pending Home Sales are scheduled to be released. Expectations run at a drop of -1.0%. In a market grasping for straws of good news… or looking for a reason to sell deeper, this sets the stage for bearish momentum at least in the early hours of trading

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