THIS WEEK'S MARKET MOVERS

 

Monday: 
Economic: Ongoing potential for wild card credit market drivers.

Earnings: NA.

Tuesday: 
Economic:  Case Shiller (-3.0%), Consumer Confidence (58.0).

Earnings: Cal-Maine (CALM).

Wednesday: 
Economic:  Weekly Mortgage Index.

Earnings: 

Thursday: 
Economic:  Weekly Claims (368K), Chicago PMI (60.1), Pending Homes 0.6%), Weekly Crude.

Earnings After Hours: Diamond Foods (DMND).

Friday: 
Economic: NA.

Earnings: NA.

TECHNICAL OUTLOOK 

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Ongoing potential wild card credit market drivers. Treasury Budget (-$139.5B).

Earnings: NA.

Tuesday: 
Economic:  Retail Sales (0.6% & 0.5% ex auto), Business Inv's (0.9%), FOMC Rate Decision.

Earnings: Big box electronics outfit Best Buy (BBY) reports. Analysts expect the company to show profits of $0.51 per share compared to last year's $0.54. Along with Thursday's earnings delivery from economic bellwether FedEx (FDX), the report is a potential tone-setter for the broader market with consumer spending habits in focus. 

Technically speaking, shares of BBY have been a technical laggard the past couple years. Currently, a counter-trend rally of about two months in length is setting up a bearish flag pattern against 200SMA resistance.

Other: FactSet (FDS), Pantry (PTRY).

After Hours: ABM (ABM).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, Import / Export.

Earnings: Synovis (SYNO).

After Hours: VeriFone (PAY).

Thursday: 
Economic:  Weekly Claims (390K), PPI & Core (0.2% & 0.1%), Empire (3.0), IP & CU (0.2% & 77.8%), Philly Fed (4.3).

Earnings: As noted above, FedEx (FDX) is a likely market mover with its report and attached outlook on the global economy. Analysts expect the air / freight giant to post profits of $1.53 versus last year's $1.16. Technically, shares appear positioned as a higher volatility / beta proxy for the SP-500 with the stock wedged laterally below 200SMA resistance. 

Other: Discover (DFS) is expected to earn profits of $0.90 per share versus $0.64 from the year ago period. Technically, shares have established a five month long symmetrical triangle readying itself for a breakout or breakdown from its apex.

Also: Hovnanian (HOV), Pier 1 (PIR), Rite Aid (RAD).

After Hours: Large cap tech is in focus with reports from Adobe (ADBE), RIM (RIMM) and Accenture (ACN).

Friday: 
Economic: CPI & Core (0.1% & 0.1%).

Earnings: Darden (DRI).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Ongoing wild card credit market drivers with likely focus on updates or lack thereof from global central bankers, possible ratings shifts from credit ratings agencies and build up in front of Thursday and Friday EU Summit in Brussels.

Officially-Sanctioned Economic Radar: Factory Orders (-0.4%), ISM Services (53.4).
 
Earnings: Dollar General (DG).

After Hours: Pep Boys (PBY). 

Tuesday: 
Economic:  NA.

Earnings: AutoZone (AZO), Bank of Montreal (BMO), Liquidity Services (LQDT), Toll Bros (TOL), Toro (TTC).

After Hours: Casey's (CASY), Men's Wearhouse (MW), Oxford (OXM), Photronics (PLAB), SAIC (SAI), Vera Bradley (VRA).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, Consumer Credit ($7.0B).

After Hours Earnings: Greif (GEF).

Thursday: 
Economic:  EU Summit, Weekly Claims (395K), Wholesale Inventories (0.2%).

Earnings: Ciena (CIEN), Costco (COST). 

After Hours: Comtech (CMTL), Cooper (COO), Esterline (ESL), Pall (PLL). 

Friday: 
Economic: EU Summit, Trade Balance (-$44.0B), Michigan (65.0)

Earnings: Titan (TITN).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Ongoing wild card credit market drivers. New Homes (312K).

Earnings: Copart (CPRT). 

Tuesday: 
Economic:  Case Shiller (-3.0%), Consumer Confidence (43.0), FHFA.

Earnings: Tiffany (TIF), Beacon Roofing (BECN). 

After Hours: KongZhong (KONG), OmniVision (OVTI), Ralcorp (RAH). 

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, ADP (120K), Challenger, Productivity Q3 (2.6%), Chicago PMI (57.5), Pending Homes (0.1%), Fed's Beige Book.

Earnings: Seadrill (SDRL), Untd Nat Foods (UNFI).

After Hours: Aeropostale (ARO), Express (EXPR), Finisar (FNSR), Guess (GES), Krispy Kreme (KKD), rue21 (RUE), Semtech (SMTC), Synopsys (SNPS).

Thursday: 
Economic:  Weekly Claims (390K), ISM (51.0), Construction (0.2%), Auto / Truck.

Earnings: Kroger (KR), Lululemon (LULU), Movado (MOV), UTI World (UTIW).

After Hours: Avago (AVGO), H & R Block (HRB), Mitel Networks (MITL), PVH (PVH), Ulta Salon (ULTA), Zumiez (ZUMZ).

Friday: 
Economic: BLS Jobs Report (118K public, 133K private, 9.0% unemployment).

Earnings: Big Lots (BIG), Scotiabank (BNS).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Continued wild card credit market drivers for bulls and bears. 

Earnings: JC Penney (JCP), Lowe's (LOW).

After Hours: 21Vianet (VNET), InterOil (IOC), Jacobs (JEC), Urban Outfitters (URBN), ZAGG (ZAGG).

Tuesday: 
Economic:  PPI & Core (-0.2% & 0.1%), Retail Sales (0.4%, 0.2%), Empire (0.0), Bus Invs (0.1%).

Earnings: Beazer (BZH), Dick's (DKS), Home Depot (HD), Staples (SPLS), Saks (SKS), Wal-Mart (WMT).

After Hours: Agilent (A), Autodesk (ADSK), Dell (DELL), Bob Evans (BOBE), Concur (CNQR).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, CPI & Core (0.0% & 0.1%), IP & CU (0.4% & 77.6%), NAHB (18).

Earnings: Abercrombie (ANF), Dangdang (DANG), Sally Beauty (SBH), Target (TGT), Tyco (TYC).

After Hours: Applied Materials (AMAT), Limited (LTD), NetApp (NTAP), Netease (NTES), PETsMART (PETM), Youku.com (YOKU).

Thursday: 
Economic:  Weekly Claims (400K), Continuing Claims (3.65M), Housing Starts & Permits (603K & 603K), Philly Fed (7.5).

Earnings: Buckle (BKE), Dollar Tree (DLTR), Donaldson (DCI), Gamestop (GME), Smucker's (SJM), Ross (ROSS), Sears (SHLD), Williams Sonoma (WSM).

After Hours: Aruba (ARUN), Atwood (ATW), Blue Coat (BCSI), Dolby (DLB), Focus Media (FMCN), Foot Locker (FL), Gap (GPS), Intuit (INTU), Marvell (MRVL), Salesforce (CRM), Shoe Carnival (SCVL).

Friday: 
Economic: Leading Indicators (0.6%).

Earnings: AnnTaylor (ANN), Brady (BRC), Hibbett (HIBB), Heinz (HNZ).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Continued wild card credit market drivers with investors increasingly worried of packaged solution to crisis being possible. Consumer Credit ($5.0B).

Earnings: Broadsoft (BSFT), Cameco (CCJ), DISH (DISH), Louisiana Pac (LPX).

After Hours: GT Advanced (GTAT), Priceline (PCLN), Rackspace (RAX), WMS (WMS).

Tuesday: 
Economic:  NA.

Earnings: Fossil (FOSL), James River (JRCC), Hecla (HL), Rockwell (ROK), Zebra (ZBRA).

After Hours: Amdocs (DOX), Blue Nile (NILE), Clean Energy (CLNE), McDermott (MDR), Pan Am Silver (PAAS), Rovi (ROVI), Silicon Graphics (SGI), Sina (SINA), Univ Panel (PANL), Weight Watchers (WTW).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, Wholesale Inv's (0.6%).

Earnings: General Motors (GM), IAMGOLD (IAG), Macy's (M), Polo (RL), Silver Wheaton (SLW), SodaStream (SODA).

After Hours: Cisco (CSCO) reports after the close. Analysts expect the networking giant to post profits of $0.39 per share compared to $0.42 in the year ago period. Technically, shares have turned the corner over the last several weeks by breaking through a long-standing downtrend of about 1.5 years in length and reclaiming its 200SMA over the past four weeks. 

Others: Green Mtn (GMCR), MBIA (MBI), PDL Bio (PDLI), Rock-Tenn (RKT).

Thursday: 
Economic:  Weekly Claims (400K), Continuing Claims (3.69M), Import / Export, Trade Balance & Budget. 

Earnings: Aecom (ACM), CAE (CAE), Kohl's (KSS), Teekay (TK), Tim Horton's (THI), Viacom (VIA.B).

After Hours: China New Borun (BORN), Darling (DAR), Home Inns (HMIN), Molycorp (MCP), Nordstrom (JWN), NVIDIA (NVDA), Disney (DIS).

Friday: 
Economic: Michigan Sentiment (61.5).

Earnings: Brookfield (BAM), DR Horton (DHI).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Headline sensitive, "Summit" bid decompression for bulls. Chicago PMI (58.9). 

Earnings: Humana (HUM), Shaw (SHAW), UDR (UDR), Wipro (WIT), Changyou.com (CYOU).

After Hours: Allstate (ALL), FMC (FMC), Herbalife (HLF), AvalonBay (AVB).

Tuesday: 
Economic:  ISM (52.1), Construction (0.3%), Auto & Truck.

Earnings: Archer D (ADM), CME (CME), Baker Hughes (BHI), Emerson (EMR), Expeditors (EXPD), Oshkosh (OSK), Steve Madden (SHOO), Valero (VLO).

After Hours: CF Industries (CF), Fiserv (FISV), Jazz (JAZZ), JDS Uniphase (JDSU), Open Table (OPEN), QuickLogic (QUIK), Sourcefire (FIRE), Trimble (TRMB), Verisk (VRSK), Williams (WMB).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, Challenger, ADP (100K), FOMC Decision (0.25%).

Earnings: Comcast (CMCSA), AOL (AOL), Cognizant (CTSH), Foster Wheeler (FWLT), FTI (FCN), MasterCard (MA), Garmin (GRMN), Hyatt (H), ICE (ICE), WellCare (WCG), Sony (SNE).

After Hours: CenturyLink (CTL), Hartford (HIG), Intrepid (IPI), MEMC (WFR), MercadoLibre (MELI), Qualcomm (QCOM), Tesla (TSLA), Tesoro (TSO), Transocean (RIG), Walter (WLT), Whole Foods (WFMI). 

Thursday: 
Economic:  Weekly Claims (402K), Continuing Claims (3.67M), Productivity Q3 (2.8%), Factory Orders (-0.2%), ISM Services (53.7).

Earnings: Agrium (AGU), Arcelor M (MT), DIRECTV (DTV), E Arden (RDEN), Kellogg (K), MGM (MGM), NYSE (NYX), Sara Lee (SLE), Tenaris (TS), Royal Gold (RGLD), Western Refine (WNR).

After Hours: CBOE (CBOE), Chesapeake (CHK), Fluor (FLR), Hansen N (HANS), Intl Rec (IRF), Medifast (MED), NetSuite (N), Red Robin (RRGB), Seattle Genetics (SGEN), Skullcandy (SKUL), Skyworks (SWKS), Sunpower (SPWRA), Starbucks (SBUX).

Friday: 
Economic: BLS Nonfarm Payrolls October (88K, 9.1% & 114K private).

Earnings: AES (AES), Alcatel-Lucent (ALU), Brookfield (BPO), KKR (KKR), Ultra Petrol (UPL), Warner Chilcott (WRCX).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Trader reaction to weekend EU Summit as part of a critical two stage pow-wow. By early Sunday, policymakers focused on Italy and its austerity measures in order to circumvent the country from following in Greece's less-than-fleet footed footsteps. 

According to Reuters, leaders aim to have a plan in place as how to best reduce the Greek debt burden, strengthen member banks, improve regional economic governance and maximize the resources of the EFSF by Wednesday.  

Earnings: Caterpillar (CAT), Eaton (ETN), PetMed (PETS), Roper (ROP), VF Corp (VFC).

After Hours: Aaron's (AAN), Amgen (AMGN), Healthways (HWAY), Netflix (NFLX), Texas Instruments (TXN), Unisys (UIS), Zions Bank (ZION).

Tuesday: 
Economic:  Case Shiller (-3.5%), Consumer Confidence (46), FHFA.

Earnings: 3M (MMM), BP (BP), Coach (COH), Cummins (CMI), Delta (DAL), DuPont (DD), Illinois Tool (ITW), Peabody (BTU), US Steel (X), UBS (UBS), Under Armour (UA), UPS (UPS), Weatherford (WFT).

After Hours: Amazon (AMZN), Broadcom (BRCM), CH Robinson (CHRW), F5 (FFIV), Manitowoc (MTW), Panera (PNRA), RadioShack (RSH), Western Union (WU).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, Durable Orders (-1.0% & 0.4% ex trans.), New Home Sales (300K).

Earnings: Alleghany Tech (ATI), Allergan (AGN), Boeing (BA), Brinker (EAT), Conoco (COP), Corning (GLW), Ford (F), NASDAQ (NDAQ), SAP (SAP), Sealed Air (SEE), Vitamin Shoppe (VSI), Wyndham (WYN), WellPoint (WLP).

After Hours: In the spotlight, internet delivery provider Akamai (AKAM) is expected to produce profits of $0.33 per share compared to the prior year's $0.34 and a time when headlines and expectations were going along a wee bit more enthusiastically for the former growth star. Technically and strategy wise, readers may want to take a peek at Friday's Hot Shots: Handling Earnings in Akamai to gain further insights.

Others: Agnico Eagle (AEM), BMC (BMC), Choice Hotels (CHH), Goldcorp (GG), KBR (KBR), Novellus (NVLS), Oceaneering (OII), O'Reilly (ORLY), Ryland (RYL), Symantec (SYMC), Visa (V).

Thursday: 
Economic:  Weekly Claims (403K), Continuing Claims (3.70M), Q3 GDP-Adv (2.2%, deflator 2.5%), Pending Home (-1.0%).

Earnings: Aetna (AET), Barrick (ABX), Bunge (BG), Celgene (CELG), Colgate Palmolive (CL), Exxon (XOM), Johnson Controls (JCI), Monster (MWW), PF Chang's (PFCB), Potash (POT), Procter Gamble (PG), Starwood (HOT), Time Warner Cable (TWC), United Cont (UAL), Zimmer (ZMH).

After Hours: Baidu (BIDU), Cerner (CERN), Crocs (CROC), Deckers (DECK), Gilead (GILD), LV Sands (LVS), NETGEAR (NTGR), SW Energy (SWN), Stamps.com (STMP), VeriSign (VRSN).

Friday: 
Economic: Inc & Spend (0.3%, 0.6%), PCE Prices Core (0.1%), Michigan (57.5).

Earnings: Arch (ACI), Biogen (BIIB), Borg Warner (BWA), Chevron (CVX), Goodyear (GT), Rubbermaid (NWL), Newmont (NEM), Whirlpool (WHR).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Wildcard Eurozone credit market drivers, Empire (-4.0), IP & CU (0.2% & 77.5%). 

Earnings: Citigroup (C), Halliburton (HAL), Wells Fargo (WFC). 

After Hours: IBM (IBM), Lincare (LNCR), Stanley (SWK), VMware (VMW), Steel Dynamics (STLD).

Tuesday: 
Economic:  PPI & Core (0.2% & 0.1%), NAHB (14). 

Earnings: BofA (BAC), EMC (EMC), Goldman (GS), Harley D (HOG), J&J (JNJ), Parker H (PH), State Street (STT), United Health (UNH). 

After Hours: In the spotlight, Apple (AAPL) is expected to produce profits of $7.24 per share compared to the year ago's $4.64 on sales growth of nearly 240%. Technically, shares are nearing the highs of a multi-week cup-shaped base and all-time-highs as part of a four-month long base-on-base pattern.

Others: Cree (CREE), CSX (CSX), Intel (INTC), Intuitive Surgical (ISRG), Juniper (JNPR), Linear Tech (LLTC), Yahoo (YHOO).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, CPI & Core (0.3% & 0.2%), Housing Starts & Permits (595K & 610K), Fed's Beige Book.

Earnings: AMR (AMR), BlackRock (BLK), Freeport M (FCX), Morgan (MS), Travelers (TRV), US Bank (USB).

After Hours: American Express (AXP), Cirrus Logic (CRUS), eBay (EBAY), Lam Research (LRCX), Riverbed (RVBD), SLM (SLM), Stryker (SYK), Tractor Supply (TSCO), Western Digital (WDC), Wynn (WYNN), Xilinx (XLNX).

Thursday: 
Economic:  Weekly Claims (404K), Continuing Claims (3.69M), Existing Homes (4.94M), Philly Fed (-9.6), Leading Indicators (0.3%).

Earnings: AT&T (T), Danaher (DHR), Cypress (CY), Diamond Offshore (DO), Union Pacific (UNP), Phillip Morris (PM), Nucor (NUE).

After Hours: Acme Packet (APKT), Altera (ALTR), Chipotle (CMG), Cap One (COF), Microsoft (MSFT), SanDisk (SNDK), Schnitzer (SCHN), Seagate (STX), Tempur-Pedic (TPX).

Friday: 
Economic: NA.

Earnings: Air Products (APD), General Electric (GE), Harman (HAR), Honeywell (HON), Schlumberger (SLB), Verizon (VZ).