The Week Ahead...

A light holiday week will start off Monday with the Dallas Fed manufacturing report which has been deeply depressed by weakness in the energy sector. Goods trade has been depressed by weak foreign demand made weaker for U.S. goods by the strength of the dollar with Tuesday's international trade in goods offering the latest. An emerging positive for the economy may be home prices which, boosted by a low supply of available homes, have been climbing and more gains are expected for the Case-Shiller report. Tuesday will also include consumer confidence which is expected to bounce back while on Wednesday, pending home sales are also expected to show strength. Thursday will finish the week with jobless claims.