Click here for Stocks in Focus for Tuesday by MarketWatch
There are a few economic reports of note and several significant corporate earnings reports scheduled for release this week.
Economic reports for the week include:
Mon. - US Markets Closed
Tues. - None of note
Wed. - MBA Mortgage Applications, Consumer Price Index, Leading Indicators, Minutes of Jan. 31 FOMC Meeting
Thur. - Initial Jobless Claims, Help Wanted Index
Fri. - None of note
Some of the more noteworthy companies that release quarterly earnings this week are:
Mon. - US Markets Closed
Tues. - Alltel Corp.(AT), American Tower(AMT), Boyd Gaming(BYD), CBRL Group(CBRL), CROCS Inc.(CROX), Hewlett-Packard(HPQ), Home Depot(HD), Intermec(IN), Medtronic(MDT), Public Storage(PSA), Toro Co(TTC), Wal-Mart Stores(WMT)
Wed. - Aaron Rents(RNT), Abercrombie & Fitch(ANF), American Power Conversion(APCC), Analog Devices(ADI), Brocade Communications(BRCD), General Maritime(GMR), Georgia Gulf(GGC), Glenborough Realty(GLB), Glimcher Realty(GRT), Jack in the Box(JBX), Medco Health(MHS), OSI Pharma(OSIP), Ruth’s Chris(RUTH), Salesforce.com(CRM), Snopsys Inc.(SNPS), Teekay Shipping(TK), Triad Hospitals(TRI), Valueclick(VCLK), Zale Corp.(ZLC)
Thur. - BEA Systems(BEAS), Chesapeake Energy(CHK), Chiquita Brands(CQB), ENSCO Intl.(ESV), Federal Signal(FSS), GlobalSantaFe Corp.(GSF), H&R Block(HRB), Inuit Inc.(INTU), JC Penney(JCP), Lamar Advertising(LAMR), Morningstar(MORN), Newmont Mining(NEM), OfficeMax(OMX), Patterson-UTI(PTEN), PG&E Corp.(PCG), Toll Brothers(TOL), Williams Cos(WMB)
Fri. - Caremark Rx(CMX), Checkpoint Systems(CKP), Clear Channel(CCU), Dillard’s Inc.(DDS), Domino’s Pizza(DPZ), Lowe’s(LOW), Wynn Resorts(WYNN), Lucent Technologies(LU)
Other events that have market-moving potential this week include:
Mon. - US Markets Closed
Tue. - Morgan Stanley Basic Materials Conference, the Fed’s Bies speaking
Wed. - Piper Jaffray Solar & CleanTech Symposium, Bank of America Tech Conference, RBC Capital Communications/Media/Tech Conference, Morgan Stanley Basic Materials Conference, the Fed’s Kohn speaking, the Fed’s Yellen speaking, weekly retail sales
Thur. - Pacific Crest Digital Media & Entertainment Forum, Bank of America Tech Conference, Morgan Stanley Basic Materials Conference, RBC Capital Communications/Media/Tech Conference, the Fed’s Yellen speaking, EIA Energy Inventory report
Fri. - RBC Capital Communications/Media/Tech Conference
BOTTOM LINE: I expect US stocks to finish the week modestly higher on mostly positive economic data, mostly positive earnings reports, buyout speculation, lower energy prices, short-covering and stable long-term rates. My trading indicators are now giving bullish signals and the Portfolio is 100% net long heading into the week.
No comments:
Post a Comment