As we head into the final few trading days of 2014, there is plenty of economic data to look out for next week. On Tuesday, the S&P Case-Shiller Home Price Index will be released at 9am. At 10am another reading on consumer confidence by The Conference Board. As for Wednesday, look out for jobless claims at 8:30am, and the pending home sales index at 10am from the National Association of Realtors. The markets are closed on Thursday January 1st for New Year's Day. Though New Year's Eve is a full trading day. And on Friday, we'll keep our eyes out for the ISM Manufacturing Index at 10am. TheStreet's Scott Gamm has details from New York.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.