Sunday, October 16, 2011

THIS WEEK'S MARKET MOVERS

chart

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).

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