housing data on deck ...

Things aren't looking good for stocks at the moment -- while the bonds are absolutely on fire. Mortgage and housing market weakness is clearly weighing on traders' minds and the underlying economy. Speaking of which, we'll get our next major batch of housing data this week, starting tomorrow with the S&P/Case-Shiller home price figures for September. I'll be on Bloomberg TV at 9 a.m. EST to discuss them if you happen to be by a television. Next up after that -- October existing home sales on Wednesday and October new home sales on Thursday.