THIS WEEK'S MARKET MOVERS

Monday: 
Economic: New Home Sales (293K) & digestion of any Eurozone, fresh baked credit market items.

Earnings: NA.

Tuesday: 
Economic:  Case Shiller (4.5%), Consumer Confidence (46.7).

Earnings: Neogen (NEOG), Walgreens (WAG).

After Hours: Accenture (ACN), Comtech (CMTL), Jabil (JBL), Paychex (PAYX), Progress (PRGS), Sealy (ZZ), Synnex (SNX).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude Durable Orders & ex-Trans (0.0% & -0.2%).

Earnings: Actuant (ATU), Darden (DRI), Family Dollar (FDO), McCormick (MKC).

After Hours: Mosaic (MOS), Texas Industries (TXI), Worthington (WOR).

Thursday: 
Economic:  Weekly Claims & Cont (415K & 3.71M), GDP Q2 3^rd Est (1.2% vs. 1.0% prior), Pending Home Sales (-1.3%).

Earnings: Micron (MU), Xyratex (XRTX). 

Friday: 
Economic: Income & Spend (0.0% & 0.2%), PCE Prices Core (0.2%), Chicago PMI (54.0), Michigan (57.6).

Earnings: NA.

THIS WEEKS MARKET MOVERS

Monday: 
Economic: Weekend meeting of Greece's cabinet vowing to take "tough decisions" but no fresh austerity measures. NAHB Index (prior 15).

Earnings: Lennar (LEN).

Tuesday: 
Economic:  Housing Starts & Permits (575K & 575K).

Earnings: AutoZone (AZO), Carnival (CCL), ConAgra (CAG), FactSet (FDS).

After Hours: Naz' 100 heavyweight and the world's largest database provider Oracle (ORCL) and business software outfit Adobe (ADBE) both report after the close. Analysts expect profits to increase a bit more than 5% to $0.47 per share from $0.42 from the former and to match last year's $0.54 level at Adobe. Technically, shares of ORCL appear to be a solid read on whether the market's congestion pattern will prove to be a base for higher prices or a weekly bear flag.

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude and FOMC Decision.

Earnings: General Mills (GIS), IHS (IHS). 

After Hours: Bed Bath & Beyond (BBBY), HB Fuller (FUL), Herman Miller (MLHR), Red Hat (RHT).

Thursday: 
Economic:  Weekly Claims (412K vs. 428K), FHFA (prior 0.9%), Leading Indicators (0.0%).

Earnings: CarMax (KMX), Discover (DFS), FedEx (FDX). 

After Hours: Cintas (CTAS), Nike (NKE), TIBCO (TIBX).

Friday: 
Economic: NA.

Earnings: KB Home (KBH).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: NA.
Earnings: Brady (BRC).

Tuesday: 
Economic:  Import/Export, Treasury Budget (-$132B).

Earnings: Earnings doesn't get any more boring than this week other than big box electronics retailer Best Buy (BBY) reporting Tuesday morning and to a lesser extent RIM (RIMM) on Thursday evening. Analysts expect Best Buy to show a dip in profits from the year ago's $0.60 per share to $0.52. 

Technically, shares of BBY are putting together an all-too-common and rather enigmatic congestion pattern. The best that can be said is at some point soon the price action is likely to reveal itself as either a bearish flag or a corrective base and springboard for higher prices. 

Other: Cracker Barrel (CBRL).

Wednesday: 
Economic:  Weekly Mortgage Index, PPI & Core (0.0% & 0.2% vs. 0.2% & 0.4%), Retail Sales & ex Auto (0.2% & 0.3% vs. 0.5% & 0.5%), Business Inv (0.5%), Weekly Crude.

Earnings: CLARCOR (CLC).

Thursday: 
Economic:  Weekly Claims (410K vs. 414K), Continuing (3.70M), CPI & Core (0.2% & 0.2% vs. 0.5% & 0.2%), Empire (-4.0 vs. -7.7), IP & CU (0.0% & 77.4%), Philly Fed (-10.0).

Earnings: Pier 1 (PIR), Marcus (MCS).

After Hours: AAR Corp (AIR), Diamond Foods (DMND).

Friday: 
Economic: Michigan Sentiment (56.3).

Earnings: NA.