Sunday, January 30, 2011

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: Inc & Spend (0.5%, 0.6% vs. 0.3%, 0.4%), PCE Prices Core (0.1% vs. 0.1%), Chicago PMI (65.0 vs. 66.8).

Earnings:
 S&P500's largest and Dow constituent Exxon Mobil (XOM) reports. Analysts expect profits to grow 28% to $1.63 a share. Technically speaking, XOM is prone to Q4's "profit-taking" earnings motif operandi with shares at two year highs and up 35% since its July corrective lows.

Others Premarket: Ceragon (
CRNT), Check Point (CHKP), Illinois Tool (ITW), Roper (ROP), Sohu (SOHU), Thomas & Betts (TNB).

After Hours:
Anadarko (APC), Baidu.com (BIDU), Cavium (CAVM), Eastman Chem (EMN), Intl Rectifier (IRF), Manitowoc (MTW), McKesson (MCK), Novellus (NVLS), Rent-A-Center (RCII).

"Extra! Extra!":
Massey Energy (MEE) announces stock and cash deal with Alpha Natural (ANR) over weekend for $7.1B and 21% premium to Friday's close. Merger will create energy giant and looks to ease ongoing safety violation litigation for Massey.

Tuesday:
Economic: ISM (58.2 vs. 58.5), Construction (-0.5% vs. 0.4%), Auto / Truck Sales.

Earnings:  Archer D (
ADM), Biogen (BIIB), BP (BP), Cummins (CMI), Emerson (EMR), Energizer (ENR), Lexmark (LXK), McGraw-Hill (MHP), Patriot Coal (PCX), Tupperware (TUP), UPS (UPS).

After Hours: Acme Packet (
APKT), Alliance Data (ADS), Broadcom (BRCM), C.H. Robinson (CHRW), Electronic Arts (ERTS), Massey (MEE), MEMC (WFR), United Rentals (URI), Websense (WBSN).

Wednesday:
Economic: Mortgage Apps, Weekly Crude, ADP (150K vs. 297K), Challenger Survey (prior -29.0%).

Earnings: AOL (
AOL), Cameron (CAM), Hershey (HSY), Marathon (MRO), Mattel (MAT), Thermo Fisher (TMO), Time Warner (TWX), Whirlpool (WHR).

After Hours: Atwood (
ATW), BMC (BMC), Cymer (CYMI), Green Mtn Coffee (GMCR), GT Solar (SOLR), Hartford (HIG), Tesoro (TSO), Visa (V), Yum! Brands (YUM).

Thursday:
Economic: Weekly Claims (425K vs. 454K), Continuing (3.92M vs. 3.99M), ISM Services (57.0 vs. 57.1), Productivity (2.2% vs. 2.3%), Unit Labor Costs (0.0% vs. -0.1%).

Earnings:
Blackstone (BX), Brinks (BCO), CIGNA (CI), Cardinal (CAH), CME (CME), Diamond O (DO), Dow Chem (DOW), Kellogg (K), MasterCard (MA), Moody's (MCO), Royal Gold (RGLD), Sony (SNE).

After Hours:
Dolby (DLB), Fiserv (FISV), JDS Uniphase (JDSU), LV Sands (LVS), Life Tech (LIFE), NetSuite (N), Sunoco (SUN), Trimble (TRMB), Vertex (VRTX).

Friday:
Economic:  January Jobs Report (150K vs. 103K, Private: 163K vs. 113K, Unemployment: 9.6% vs. 9.4%).

Earnings: Aetna (
AET), Am-Bergin (ABC), Constellation (CEG), Fortune Brands (FO), Pulte (PHM), Simon Props (SPG), Tidewater (TDW), Tyson (TSN), Weyerhaeuser (WY), YRC World (YRCW).
 
___________________________________________________________________

Sunday, January 23, 2011

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: NA.

Earnings:
 Halliburton (HAL), McDonald's (MCD), Sealed Air (SEE), Steel Dynamics (STLD).

After Hours:
American Express (AXP), CSX (CSX), Jacobs (JEC), Texas Instruments (TXN), VMware (VMW), Zions Bancorp (ZION).

Tuesday:
Economic: Case Shiller (-1.3% vs. prior -0.80%), FHFA Housing (prior 0.70%), Consumer Confidence (53.5 vs. prior 52.5).

Earnings:  3M (
MMM), Blackrock (BLK), Brinker (EAT), Coach (COH), Corning (GLW), DuPont (DD), Harley D (HOG), J & J (JNJ), LM Ericsson (ERIC), Peabody (BTU), Regions (RF), Sherwin Williams (SHW), Travelers (TRV), US Steel (X), Verizon (VZ).

After Hours: Altera (
ALTR), Amdocs (DOX), Gilead (GILD), Juniper (JNPR), Stryker (SYK), WMS (WMS), Yahoo (YHOO).

Wednesday:
Economic: Mortgage Apps, Weekly Crude, FOMC Decision (0.25% vs. prior 0.25%).

Earnings: Alleghany Tech (
ATI), Boeing (BA), ConocoPhillips (COP), Hess (HES), Rockwell (ROK), SAP (SAP), US Air (LCC), Valero (VLO), WellPoint (WLP), Xerox (XRX).

After Hours: Amylin (
AMLN), Citrix (CTXS), Murphy Oil (MUR), Netflix (NFLX), Noble (NE), Qualcomm (QCOM), Ryland (RYL), Starbucks (SBUX), Symantec (SYMC), Tractor Supply (TSCO).

Thursday:
Economic: Weekly Claims (408K vs. 404K), Continuing (3.83M vs. 3.86M), Durable Orders (1.5% vs. prior -0.30% & ex-trans: 0.6% vs. prior 3.6%), Pending Homes (-0.5% vs. prior 3.5%).

Earnings:
Altria (MO), AT&T (T), Ball (BLL), Caterpillar (CAT), Celgene (CELG), Cirrus Logic (CRUS), Danaher (DHR), DR Horton (DHI), Eaton (ETN), L-3 (LLL), Newell Rubber (NWL), Potash (POT), Procter (PG), Stanley B&D (SWK), Time Warner Cable (TWC), Tyco (TYC), Under Armour (UA).

After Hours:
Amazon (AMZN), Ariba (ARBA), Digital River (DRIV), KLA-Tencor (KLAC), Microsoft (MSFT), QLogic (QLGC), Riverbed (RVBD), SanDisk (SNDK), Varian Semi (VSEA), VeriSign (VRSN).

Friday:
Economic:  GDP-Adv Q4 (3.8% vs. prior 2.6%), Deflator (1.6% vs. 2.1%), ECI (0.4% vs. 0.4%), Michigan Final (73.2 vs. 72.7).

Earnings: Chevron (
CVX), Ford (F), Honeywell (HON), Interactive Intelligence (ININ), Oshkosh (OSK), Quality Systems (QSII), Scott's (SMG), T. Rowe Price (TROW).

___________________________________________________________________

Tuesday, January 18, 2011

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Tuesday:
Economic: Empire (12.0 vs. 10.57 prior), Net LT TIC ($27.6B prior) and NAHB Index (16 vs. 16 prior).


Earnings:  Citigroup (C), Delta (DAL), Fastenal (FAST), Forest Labs (FRX), NO Ed & Tech (EDU), Origin Agritech (SEED) and Ameritrade (AMTD).
After Hours: "Tech!! Tech!! Tech!!" ADTRAN (
ADTN), Cree (CREE), IBM (IBM), Linear Tech (LLTC) and Western Digital (WDC). In the spotlight for Tuesday's crop of large cap tech offerings is reigning "i-Everything" gadget king and the market's second highest capitalization company, Apple (AAPL).

Analysts expect Apple to grow profits from last year's $3.67 per share to a harvest of $5.39. The institutional favorite will likely need to produce sweet forecast for 2011 if shares are to sprout past its all time highs set last week, gains of 16% since September and nearly 65% since January 2010.

Wednesday:
Economic: Housing Starts & Permits (550K vs. 555K and 560K vs. 530K), MBA Mortgage Purchase Index (2.2% prior).

Earnings: "Bankers!! Bankers!! Bankers!!" Premarket will be dominated by influential large cap banking reports from Goldman (
GS), Northern Trust (NTRS), State Street (STT), US Bancorp (USB), Wells Fargo (WFC) and Bank of NY (BK).

Others AM: Amphenol (
APH), ASML (ASML)

After Hours: eBay (
EBAY), recent SP-500 add and Cramer "FADSCAN" constituent F5 Networks (FFIV), Raymond James (RJF), Seagate (STX), SLM (SLM) and Xilinx (XLNX).

Thursday:
Economic: Weekly Claims (425K vs. 445K), Continuing (3.9M vs. 3.87M), Existing Homes (4.80M vs. 4.68M prior), Leading Indicators (0.6% vs. 1.1% prior), Philly Fed (20.5 vs. 20.8 prior), Crude weekly inventories.

Earnings:
Freeport (FCX), Huntington (HBAN), Johnson Controls (JCI), Morgan Stanley (MS), Parker Hannifin (PH), Progressive (PGR), Southwest Air (LUV), Union Pac (UNP), UnitedHealth (UNH).

After Hours: Advanced Micro (
AMD), Cap One (COF), Flextronics (FLEX), Google (GOOG), Intuitive Surgical (ISRG), Maxim (MXIM), Synaptics (SYNA), Skyworks (SWKS), Tempur-Pedic (TPX) and Wipro (WIT).

Friday:
Economic:  NA.

Earnings: Dow components and financial giant BofA (
BAC) and conglomerate General Electric (GE) in the spotlight. Analysts expect the of late, hoisted Anchor Banker to produce profits of $0.15 compared to last year's loss of -$0.60 per share. GE will attempt to bring good things to life for shareholders by announcing a profit increase of about 14% to $0.32 per share.

Others: Products (
APD), Airgas (ARG), Schlumberger (SLB) and SunTrust (STI).
 
___________________________________________________________________

Monday, January 10, 2011

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: No official US reports but over the weekend China announced its economy grew nearly 10% during 2010 with domestic retail sales growth of 18.5% a key driver. Top officials maintain the country has the "confidence, conditions and capability to maintain long-term stable and fast economic growth."

Earnings:
 Dow component and aluminum giant Alcoa (AA) reports after the bell and unofficially kicking off the Q4 earnings season. Analysts expect profits of $0.19 per share compared to year-over-year $0.01. Technically, shares of AA have enjoyed outsized Q4 run of about 60% and back to its best levels since January 2010 in deep cup-shaped weekly base.

Others: AM: Acuity (
AYI) Helen of Troy (HELE) and SMSC (SMSC). After Hours: Naz'100 component Apollo (APOL).

Tuesday:
Economic: Wholesale Inventories (1.3%).


Earnings:  Lennar (LEN), Supervalu (SVU), HB Fuller (FUL) and Synnex (SNX).

Others:
Wednesday:
Economic: Weekly Crude data, Mortgage Apps, Import / Export, Treasury Bud and Fed's Beige Book.

Earnings: CLARCOR (
CLC).

Thursday:
Economic: Weekly Claims (420K vs. 409K), Continuing (4.07M vs. 4.10M), PPI & Core (0.7%, 0.2%) and Trade Balance (-$40.6B).

Earnings:
Naz' 100 component and India-based IT giant Infosys (INFY) releases before the opening bell. Analysts expect profits of $0.66 versus last year's $0.59 per share. Shares of INFY are just off all-time-highs after run of about 37% during fourth quarter and approximately 5% above a "W" shaped base breakout.

After Hours: Naz' constituent and world's largest but increasingly dismissed semiconductor outfit Intel (
INTC) set to report. Analysts expect profits of $0.53 vs. prior year's $0.40. Technically, shares look to be at a major crossroad with bearish two-month long H & S top taking on more recent bullish Golden Cross and contrarian positioning below both key long-term moving averages.

Friday:
Economic:  CPI & Core (0.4%, 0.1%), Retail Sales (0.7%, ex-auto: 0.6%), IP & CU (0.4%, 75.5%), Michigan (75.0), Business Inventories (0.7%).

Earnings: Dow component and money center banker JP Morgan Chase (
JPM) is expected to produce earnings of $0.99 per share compared to prior $0.74 per share. JPM, along with financial cronies have outperformed during past month but underperformed during 2010. Friday's Supreme Court ruling should continue to influence trading early next week.
 
___________________________________________________________________

Sunday, January 2, 2011

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: Construction Spending (0.2% vs. prior 0.7%), ISM Index (57.3 vs. 56.6).

Earnings:
 NA.

Tuesday:
Economic: Factory Orders (-0.4% vs. -0.9%), FOMC Minutes, Truck & Auto Sales (5.3M, 3.7M).

Earnings:  Aggie Mosaic (
MOS) is in the spotlight. Analysts expect profits of $0.91 per share representing earnings growth of nearly 185%.

Technically, shares of MOS are in a bullish position with the stock about 2% above prior week's breakout from a nine-week long cup-shaped base wedged at YTD highs from January. Strong fundamentals per IBD, liquid listed options and strong volatility characteristics make MOS a potential dynamic collar candidate.

Others: AngioDynamics (
ANGO), Sonic (SONC) and Team (TISI).

Wednesday:
Economic: Weekly Crude data, Mortgage Apps, Challenger Job (prior -3.3%), ADP (100K vs. 9,300), ISM Services (55.7 vs. 55.0).
 
Earnings: Family Dollar (
FDO), UniFirst (UNF). After Hours: Resources Connect (RECN), Ruby Tuesday (RT).

Thursday:
Economic: Weekly Claims (405K vs. 388K), Continuing Claims (4.07M vs. 4.128M).

Earnings:
Seed giant Monsanto (MON) is expected to turn a slight profit of $0.02 per share compared to prior year's equally slender loss of -$0.02.

Technically, shares of MON enjoyed a strong quarterly run of about 45% into the yearend but underperformed during 2010 with the stock off about -15%. MON is currently facing a key weekly chart test of a downtrend resistance line and bear flag extension line dating from Nov 2008.

Others: Constellation Brands (
STZ), and RPM (RPM). After Hours: Global Payment (GPN), IHS (IHS), Immucor (BLUD), Shaw (SHAW) and Xyratex (XRTX).   

Friday:
Economic:  "BernankeSpeak", December Jobs (132K vs. 39K), Private Payrolls (142K vs. 50K), Unemployment (9.8% vs. 9.8%), Consumer Credit (-$2.5B vs. $3.4B).

Earnings: AZZ (
AZZ), KB Home (KBH), PriceSmart (PSMT) and Robbins & Myers (RBN).
___________________________________________________________________
 

blogger visitor counter