More economic data and a new round of earnings are on tap for Thursday, and on TheStreet.com, find out what some of Wall Street's top minds see in their crystal balls for the first half of 2008.

As for the data, weekly initial jobless claims from the Labor Department, factory orders for November from the Census Bureau and the Mortgage Bankers Association's applications survey for the week ended Dec. 28 are due.

On the earnings calendar, Monsanto ( MON), MSC Industrial ( MSM), Bed Bath & Beyond ( BBBY) and Finish Line ( FINL) are expected to report their quarterly numbers.

As for what's coming up on TSC, Joanna Ossinger asks a group of strategists what the first six months of the year hold for the economy and the major averages, while Ted Reed will discuss this year's international expansion plans for airlines such as Delta ( DAL).

Also, David Peltier will tell you whether you should buy or steer clear of Arrow Electronics ( ARW).
This article was written by a staff member of TheStreet.com.