Wednesday – December 21
Earnings watch – Notable companies due to report include Micron Technology (MU) and Toro Company (TTC). Carnival (CCL) will also report with option trading implying a double-digit share price swing.
All day – The IPO lockup period expires for a block of shares of Loop Media (LPTV). Shares of LPTV trade almost 20% above the level the IPO was priced at.
9:00 a.m. The November existing home sales report is expected to show a drop to 4.20M units vs. 4.43M for October. The housing market is being impacted by affordability challenges.