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).
 
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