Economic: NA.
Earnings: Buckeye (BPL), Louisiana Pacific (LPX), PDC Energy (PETD), Warner Chilcott (WCRX).
After Hours: Niche cloud computing player and Growth Stock Option's watchlist component Rackspace (RAX) in the spotlight. Analysts expect 50% profit increase to $0.09 a share. Technically, shares are near weekly breakout level of prior five-week consolidation which found support above prior highs and 50SMA.
Others: Clean Energy (CLNE), Diodes (DIOD), Eagle Ship (EAGL), McDermott (MDR), Pan Am Silver (PAAS), Qiagen (QGEN), Silver Wheaton (SLW), UDR (UDR).
Tuesday:
Economic: Wholesale Inventories (0.6% vs. prior 0.8%).
Earnings: China Auto (CAAS), Fossil (FOSL), GMX Resources (GMXR), JA Solar (JASO), Marsh McLennan (MMC), Neutral Tandem (TNDM), Rockwell (ROK), Solarfun (SOLF), Tyco (TYC), Zhongpin (HOGS).
After Hours: A123 (AONE), Int'l Game (IGT), MBIA (MBI), Tesla (TSLA), URS (URS), Weight Watchers (WTW).
Wednesday:
Economic: Weekly Crude data, Mortgage Apps, Weekly Claims (450K, 4.35M), Import / Export, Treasury Budget (-$140.0B).
Earnings: Computer Sciences (CSC), Macy's (M), Maidenform (MFB), Polo (RL), Sara Lee (SLE).
After the Close: As George Castanza might say, "It's been all about nothing" but that changes with NASDAQ heavyweight and Dow component Cisco (CSCO) and its potential market-impacting earnings release. Analysts expect a profit of $0.40 per share and up from the year ago period's $0.36.
Technically, shares of CSCO have substantially underperformed large cap tech's generally leading performance, as well as even the SP-500 and DJ-30. As much and given the current overall bullish market picture, the path of least resistance is estimated to be up and a likely support for bulls to continue their run.
Others: Advance Auto (AAP), Home Inns (HMIN), Kulicke & Soffa (KLIC), Tetra Tech (TTEK)
Thursday:
Economic: NA
Earnings: E-House (EJ), Kohl's (KSS), Flowers Foods (FLO).
After Hours: Dow component giant Disney (DIS) should have investors thinking "What recession?" judging by the entertainment giant's share price which has muscled its way towards multi-year highs within a cuppish or complex "W" shaped weekly base.
Analysts expect flat year-over-year results of $0.46 per share from Disney but investors strapped in seeking bullish thrills or unnerving spills will be peering over the safety bar for tells on the consumer as to see what conditions lay ahead.
Others: Copa Hldgs (CPA), Microsemi (MSCC), NVIDIA (NVDA), SunPower (SPWRA).
Friday:
Economic: Michigan Sentiment (69.0 vs. prior 67.7).
Earnings: Agilent (A), DR Horton (DHI), JC Penney (JCP), STR Hldgs (STRI), Wendy's (WEN).
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