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).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Weekend Eurozone wildcard finds French and German heads promising "no details" package for Europe's debt crisis by end of October. 

Earnings: NA.

Tuesday: 
Economic:  FOMC Minutes. 

Earnings PM: "Here we go again." Third Quarter reporting season lurches into action with Dow constituent and aluminum concern Alcoa (AA). Analysts expect Alcoa to produce $0.23 compared to year ago's $0.09. General sentiment going into earnings season is low with stocks attempting to price in impact of Europe's credit crisis, China's slowing growth and stateside double dip fears. As much, stage could be set for better-than-feared bargain-hunting.

Others: ADTRAN (ADTN), Linear Tech (LLTC) [unconfirmed].

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude.

Earnings: ASML (ASML), Infosys (INFY), Pepsi (PEP), Progressive (PGR), Host Hotels (HST).

Thursday: 
Economic:  Weekly Claims (406K vs. prior 401K), Trade Balance, Treasury Budget.

Earnings: Fairchild (FCS), Fastenal (FAST), JP Morgan (JPM), Lindsay (LNN), Safeway (SWY), Winnebago (WGO).

After Hours: Google (GOOG), JB Hunt (JBHT).

Friday: 
Economic: Retail Sales & ex Auto (0.6% & 0.3% vs. prior 0.0% & 0.1%), Import / Export, Michigan (60.0 vs. prior 59.4), Business Inventories (0.4%).

Earnings: Mattel (MAT).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Digestion of potential, fresh baked credit market morsels from the Eurozone. ISM Index, Construction, Truck & Auto Sales. 

Earnings: Wolverine (WWW).

Tuesday: 
Economic:  Factory Orders (-0.1%). 

Earnings: Global Payment (GPN), Resources Connect (RECN), YUM! (YUM).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, Challenger, ADP Employment (48K vs. prior 91K), ISM Services (53.3).

Earnings: Acuity (AYI), Costco (COST), Monsanto (MON), RPM (RPM).

After Hours: Marriott (MAR), Ruby Tuesday (RT).

Thursday: 
Economic:  Weekly Claims (400K vs. prior 391K). 

Earnings: Constellation Brands (STZ), Helen of Troy (HELE), Robbins & Myers (RBN).

Friday: 
Economic: BLS Nonfarm Payrolls (90K vs prior 17K, 9.1% vs. 9.1%), Wholesale Inventories (0.6%), Consumer Credit.

Earnings: NA.

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.