por admin » Lun Jul 18, 2011 8:52 am
Monday: Earnings come faster and furiouser this week. Halliburton, Wynn, IBM and Hasbro tell us how things are rolling. On the economic front, the National Association of Home Builders tells us that the housing market still stinks.
Tuesday: Sexy tech earnings (Apple!) compete with dour financial earnings (Bank of America, Wells Fargo, Goldman Sachs, Bank of New York Mellon, Keycorp) for our attention. Others reporting include: Johnson & Johnson, Harley-Davidson, CSX, Yahoo! and Chipotle Group. Economic news includes Housing Starts and Building Permits. In other words, more cheery home-front news.
Wednesday: More tech — Intel, Ebay, Xylinx, Qualcomm — but still plenty of finance, including American Express, PNC and U.S. Bancorp. Altria, Abbott and United Technologies also report. Smoke ‘em if you got ‘em. Economics: Existing Home Sales (ack).
Thursday: Initial weekly jobless claims (below 400K?) and still more earnings, including Advanced Micro Devices, Lilly, Nucor, Microsoft and Morgan Stanley. Fed Chief Ben Bernanke talks about Dodd-Frank in DC, the Index of Leading Indicators will lead us in a bearish direction and Philly Fed regional survey will do likewise.
Friday: Honeywell, Verizon, Caterpillar, McDonald’s and GE highlight a light-ish but crucial earnings day. Economic news is scant. Expect folks to race to the beach on Friday afternoon.
Earnings, Next Week's Tape