Economic: NA.
Earnings: Citi Trends (CTRN), Tech Data (TECD), Tyson (TSN) and Valspar (VAL).
After Hours: Dow component and computing giant Hewlett Packard (HPQ) reports. Analysts expect a profit increase of 11% to $1.27 per share.
Technically, it's been a less-than-stellar 2010 after striking fresh but brief all-time-highs in April. Shares of HPQ are off about -22% from those levels within a weekly bear flag, down -19% YTD and far removed from a very strong and highly correlated 2009 market performance.
Others: Analog Devices (ADI), Brocade (BRCD), Focus Media (FMCN), Jack In The Box (JACK), La-Z-Boy (LZB), Nuance Comm (NUAN).
Tuesday: "Appetizers are Served."
Economic: Q3 GDP (2nd revision) (2.4% vs. prior 2.0%), Deflator (2.3% vs. 2.3%), Existing Homes (4.42M vs. prior 4.53M), FOMC Minutes.
Earnings: Campbell's (CPB), DSW (DSW), Fred's (FRED), Medtronic (MDT), Patterson (PDCO).
After Hours: Guess (GES), J. Crew (JCG), TiVo (TIVO), Verigy (VRGY).
Wednesday: "Full Plate Special."
Economic: Weekly Crude data, MBA Mortgage Apps, Inc & Spend Oct (0.4% vs. prior -0.1% & 0.5% vs. 0.2%), PCE Prices (0.1% vs. 0.0%), Durable Orders Oct (-0.3% vs. 3.3% & ex trans: 0.4% vs. -0.8%), Weekly Claims (442K, 4.28M), Michigan (69.4 vs. 69.3), New Home Sales (312K vs. 307K), FFHA Home Price Q3 (prior 0.9%).
Earnings: Farm machinery giant Deere (DE) and bauble queen Tiffany & Co (TIF) report in otherwise quiet pre-holiday earnings session. Deere is expected to show a profit of $0.95 compared to year ago's $0.23 per share and Tiffany to show, but don't touch $0.37 per share versus prior year's $0.33.
Technically, shares of DE have established a nice-looking six week long flat base after establishing intermediate highs. Shares of TIF have put together a handle-like / pullback consolidation around prior all-time-highs set in 2007.
Thursday: US Thanksgiving Day Holiday
Friday: (Unofficial US Holiday, Official Half Session)
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