Sunday, November 28, 2010

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: NA.

Earnings:
 Beacon (BECN), Inergy (NRGY).

Tuesday:
Economic: Case Shiller (1.0% vs. 1.7% prior), Chicago PMI (59.8 vs. 60.6), Consumer Confidence (52.0 vs. 50.2).

Earnings:  In the spotlight, solar outfit Trina Solar (
TSL). Analysts expect Trina to show a decline of -32% in profits on earnings of $0.87 per share. Trina was recently featured in Optionetics weekly Hot Shots column for possible collar consideration due to its technical picture, volatility and highly liquid option markets.

Other: Barnes & Noble (
BKS), Seadrill (SDRL). After Hours: Copart (CPRT), OmniVision (OVTI).  

Wednesday:
Economic: Weekly Crude data, Mortgage Apps (prior 2.1%), Challenger Job Cuts, ADP (58K vs. 43K prior), Productivity & ULC (2.4% & -0.4%), ISM (56.4), Construction (-0.5%), Auto / Truck, Beige Book.

Earnings: After the Close: Aeropostale (
ARO), Collective Brands (PSS), Krispy Kreme (KKD), rue21 (RUE), Semtech (SMTC), Sigma Designs (SIGM), Zumiez (ZUMZ).

Thursday:
Economic: Weekly Claims (423K, 4.2M), Pending Homes (0.0%)


Earnings:
Kroger (KR), Movado (MOV), Toll Bros (TOL), UTI World (UTIW). After the Close: Avago (AVGO), Coldwater Creek (CWTR), Novell (NOVL), Ulta Salon (ULTA), Verifone (PAY).

Friday:
Economic:  November Jobs Report (9.6%, 130K, Private 140K), Factory Orders (-1.2%), ISM Services (54.5).

Earnings: Big Lots (
BIG), Blyth Industries (BTH).
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Tuesday, November 23, 2010

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:

Economic:
NA.

Earnings:
 Citi Trends (CTRN), Tech Data (TECD), Tyson (TSN) and Valspar (VAL).

After Hours: Dow component and computing giant Hewlett Packard (
HPQ) reports. Analysts expect a profit increase of 11% to $1.27 per share.

Technically, it's been a less-than-stellar 2010 after striking fresh but brief all-time-highs in April. Shares of HPQ are off about -22% from those levels within a weekly bear flag, down -19% YTD and far removed from a very strong and highly correlated 2009 market performance.

Others: Analog Devices (
ADI), Brocade (BRCD), Focus Media (FMCN), Jack In The Box (JACK), La-Z-Boy (LZB), Nuance Comm (NUAN).

Tuesday: "Appetizers are Served."

Economic:
Q3 GDP (2nd revision) (2.4% vs. prior 2.0%), Deflator (2.3% vs. 2.3%), Existing Homes (4.42M vs. prior 4.53M), FOMC Minutes.

Earnings:
 Campbell's (CPB), DSW (DSW), Fred's (FRED), Medtronic (MDT), Patterson (PDCO).

After Hours: Guess (
GES), J. Crew (JCG), TiVo (TIVO), Verigy (VRGY).  

Wednesday: "Full Plate Special."

Economic:
Weekly Crude data, MBA Mortgage Apps, Inc & Spend Oct (0.4% vs. prior -0.1% & 0.5% vs. 0.2%), PCE Prices (0.1% vs. 0.0%), Durable Orders Oct (-0.3% vs. 3.3% & ex trans: 0.4% vs. -0.8%), Weekly Claims (442K, 4.28M), Michigan (69.4 vs. 69.3), New Home Sales (312K vs. 307K), FFHA Home Price Q3 (prior 0.9%).

Earnings: Farm machinery giant Deere (
DE) and bauble queen Tiffany & Co (TIF) report in otherwise quiet pre-holiday earnings session. Deere is expected to show a profit of $0.95 compared to year ago's $0.23 per share and Tiffany to show, but don't touch $0.37 per share versus prior year's $0.33.

Technically, shares of DE have established a nice-looking six week long flat base after establishing intermediate highs. Shares of TIF have put together a handle-like / pullback consolidation around prior all-time-highs set in 2007.

Thursday: US Thanksgiving Day Holiday

Friday: (Unofficial US Holiday, Official Half Session)

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Sunday, November 14, 2010

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: Retail Sales (0.7% vs. prior 0.6% & ex autos: 0.4% vs. 0.4%), Empire (11.7 vs. 15.73),     Business Inventories (0.9% vs. 0.6%).

Earnings:
 Home improvement retailer Lowe's (LOW) is in the spotlight and first in a fairly heavy crop of diverse retail names reporting throughout the week. Analysts expect profits of $0.30 and up from the year ago's $0.24 per share. Technically, shares have been underperforming the broader averages markedly and show a developing bearish weekly H & S pattern.

Others: China Sunergy (
CSUN), Diana Shipping (DSX) and current Bulls Radar component from the Growth Stock Option report, Longtop Financial (LFT).

After Hours: Nordstrom (
JWN), Urban Outfitters (URBN) and RINO (RINO).

Tuesday:
Economic: PPI & Core (0.8% vs. 0.4% & 0.1% vs. 0.1%), IP & CU (0.3% & 74.7%), NAHB (15.0 vs. 16.0).

Earnings:  Dow components Wal-Mart (
WMT) and Home Depot (HD) set stage for slug of retail names reporting. Analysts expect $0.06 improvement to $0.90 per share for Wal-Mart and $0.07 year-over-year increase to $0.48 per share for Home Deport.

Others: Abercrombie (
ANF), Dick's (DKS), Jacobs (JEC), Navios (NM), Saks (SKS) and TJX (TJX).

After Hours: Sina (
SINA), Bob Evans (BOBE) and La-Z-Boy (LZB).

Wednesday:
Economic: Weekly Crude data, Mortgage Apps, CPI & Core (0.3% vs. 0.1% & 0.1% vs. 0.0%), Housing Starts & Permits (600K vs. 610K and 565K vs. 539K).

Earnings: BJ's (
BJ), Chico's (CHS), Duoyuan Water (DGW), Suntech (STP), VanceInfo (VIT)

After Hours: Applied Materials (
AMAT), Aruba (ARUN), Limited (LTD), NetApp (NTAP), PETsMART (PETM).

Notable: General Motors oversubscribed IPO [$26 - $29 price range] slated to begin trading.

Thursday:
Economic: Weekly Claims (442K vs. 435K & 4.3M vs. 4.3M), Leading Indicators (0.6% vs. 0.3%), Philly Fed (4.5 vs. 1.0).

Earnings: American Eagle (
AEO), Canadian Solar (CSIQ), Dollar Tree (DLTR), Ross (ROSS), Sears (SHLD), Gamestop (GME), Staples (SPLS).

After Hours: Atwood (ATW), Autodesk (ADSK), Blue Coat (BCSI), Dell (DELL), Dress Barn (DBRN), Gap (GPS), Intuit (INTU), Marvell (MRVL), Salesforce (CRM).

Friday:
Economic:  NA.

Earnings: AnnTaylor (
ANN), Heinz (HNZ), Kirklands (KIRK), Yingli Green (YGE).

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Monday, November 8, 2010

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: NA.  

Earnings:
 Buckeye (BPL), Louisiana Pacific (LPX), PDC Energy (PETD), Warner Chilcott (WCRX).

After Hours: Niche cloud computing player and Growth Stock Option's watchlist component Rackspace (
RAX) in the spotlight. Analysts expect 50% profit increase to $0.09 a share. Technically, shares are near weekly breakout level of prior five-week consolidation which found support above prior highs and 50SMA.

Others: Clean Energy (
CLNE), Diodes (DIOD), Eagle Ship (EAGL), McDermott (MDR), Pan Am Silver (PAAS), Qiagen (QGEN), Silver Wheaton (SLW), UDR (UDR).

Tuesday:
Economic: Wholesale Inventories (0.6% vs. prior 0.8%).

Earnings:  China Auto (
CAAS), Fossil (FOSL), GMX Resources (GMXR), JA Solar (JASO), Marsh McLennan (MMC), Neutral Tandem (TNDM), Rockwell (ROK), Solarfun (SOLF), Tyco (TYC), Zhongpin (HOGS).

After Hours: A123 (
AONE), Int'l Game (IGT), MBIA (MBI), Tesla (TSLA), URS (URS), Weight Watchers (WTW).

Wednesday:
Economic: Weekly Crude data, Mortgage Apps, Weekly Claims (450K, 4.35M), Import / Export, Treasury Budget (-$140.0B).

Earnings: Computer Sciences (
CSC), Macy's (M), Maidenform (MFB), Polo (RL), Sara Lee (SLE).

After the Close: As George Castanza might say, "It's been all about nothing" but that changes with NASDAQ heavyweight and Dow component Cisco (CSCO) and its potential market-impacting earnings release. Analysts expect a profit of $0.40 per share and up from the year ago period's $0.36.

Technically, shares of CSCO have substantially underperformed large cap tech's generally leading performance, as well as even the SP-500 and DJ-30. As much and given the current overall bullish market picture, the path of least resistance is estimated to be up and a likely support for bulls to continue their run.

Others: Advance Auto (
AAP), Home Inns (HMIN), Kulicke & Soffa (KLIC), Tetra Tech (TTEK)

Thursday:
Economic: NA

Earnings: E-House (
EJ), Kohl's (KSS), Flowers Foods (FLO).

After Hours: Dow component giant Disney (DIS) should have investors thinking "What recession?" judging by the entertainment giant's share price which has muscled its way towards multi-year highs within a cuppish or complex "W" shaped weekly base.

Analysts expect flat year-over-year results of $0.46 per share from Disney but investors strapped in seeking bullish thrills or unnerving spills will be peering over the safety bar for tells on the consumer as to see what conditions lay ahead.  

Others: Copa Hldgs (CPA), Microsemi (MSCC), NVIDIA (NVDA), SunPower (SPWRA).

Friday:
Economic:  Michigan Sentiment (69.0 vs. prior 67.7).

Earnings: Agilent (
A), DR Horton (DHI), JC Penney (JCP), STR Hldgs (STRI), Wendy's (WEN).

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Sunday, October 31, 2010

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: Inc & Spend (0.2%, 0.4%), PCE Core (0.0%), ISM (54), Construction (-0.7%).

Earnings:
 Cognizant (CTSH), Humana (HUM), ICE (ICE), Jinko Solar (JKS).  After Hours: Anadarko (APC), Herbalife (HLF), MEMC (WFR), Nutrisystem (NTRI), Vulcan (VMC), WMS (WMS).

Tuesday:
Economic: Midterm Elections and day one of two day FOMC "quantitative easing" meeting are center stage.

Earnings:  AM Superconductor (
AMSC), Archer D (ADM), BP (BP), Corinthian (COCO), Emerson (EMR), Expeditors (EXPD), Kellogg (K), Marathon (MRO), MasterCard (MA), Newmont (NEM), NYSE (NYX), Steve Madden (SHOO).

After Hours: Career Ed (
CECO), Ctrip (CTRP), Excel Maritime (EXM), Hartford (HIG), Leap (LEAP), Trimble (TRMB), Watts (WTS), XL Cap (XL).

Wednesday:
Economic: Weekly Crude data, Challenger & ADP (NA, 23K), ISM Services (53.4), Factory Orders (1.7%), Truck & Auto and FOMC decision on QE (fed funds 0.25%).

Earnings: Aetna (
AET), Agrium (AGU), AOL (AOL), CVS (CVS), Garmin (GRMN), James River (JRCC), MGM (MGM), Pulte (PHM), SPX (SPW), Qwest (Q).

After the Close: Amdocs (DOX), Chesapeake (CHK), Intrepid (IPI), MercadoLibre (MELI), Murphy (MUR), Prudential (PRU), Qualcomm (QCOM), Transocean (RIG), Whole Foods (WFMI).

Thursday:
Economic: Weekly Claims (445K, 4.38M), Productivity (1.0%).

Earnings: Apache (
APA), CBOE (CBOE), Cablevision (CVC), DIRECTV (DTV), Holly (HOC), Lamar (LAMR), PG&E (PCG), Suncor (SU), Time Warner (TWC), WellCare (WCG).

After Hours: Boston Beer (SAM), CBS (CBS), CF Ind (CF), Crocs (CROX), Dolby (DLB), First Marblehead (FMD), Fluor (FLR), Hansen (HANS), JDS-U (JDSU), Medifast (MED), Kraft (KFT), Microchip (MCHP), Red Robin (RRGB), Starbucks (SBUX), Tenaris (TS), Tesoro (TSO).

Friday:
Economic:  October Nonfarm Payrolls (55K, private 60K), Unemployment (9.6%), Pending Home Sales (2.5%), Consumer Credit (-$4.0B).

Earnings: Beazer (
BZH), Brookfield (BAM), Constellation (CEP), Coventry (CVH), DISH (DISH), Foster Wheeler (FWLT), FTI (FCN), ReneSola (SOL), Rofin Sinar (RSTI), TreeHouse (THS).

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Sunday, October 24, 2010

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: Existing Homes (4.25M).

Earnings:
 Boyd (BYD), Changyou.com (CYOU), NuStar (NS), RadioShack (RSH), Sohu (SOHU).  

After Hours: Semiconductor / computing hardware giant Texas Instruments (
TXN) in the spotlight. Analysts expect profits of $0.69 per share compared to year ago figure of $0.42.

Technically, shares of TXN have quickly demonstrated relative strength / leadership for group since August lows. After strong four week price run shares have shaped two-plus week long flat base on top of prior year-long loose lateral consolidation pattern.

Others: Amgen (
AMGN), Atheros (ATHR), Digital River (DRIV), Hexcel (HXL), Veeco (VECO), Vertex (VRTX), Volterra (VLTR).

Tuesday:
Economic: CS 20-City Index (2.0%), Consumer Confidence (49.0), FHFA Index (prior -0.5%).

Earnings:  Alleghany Tech (ATI), Air gas (ARG), AK Steel (AKS), Arcelor (MT), Biogen (BIIB), Coach (COH), Cummins (CUM), Johnson Controls (JCI), Lexmark (LXK), Royal C (RCL), Sherwin W (SHW), US Steel (X), Under Armour (UA), Valero (VLO).

After Hours: AFLAC (
AFL), Broadcom (BRCM), CBRE (CBG), F5 (FFIV), Illumina (ILMN), Massey (MEE), Novellus (NVLS), Oceaneering (OII), Panera (PNRA), Supertex (SUPX), Walter (WLT)

Wednesday:
Economic: Weekly Crude data, Durable Orders (1.7%, ex-trans 0.1%), New Homes (295K).

Earnings: Borg W (
BWA), Brinker (EAT), Comcast (CMCSA), Conoco-P (COP), Leg Mason (LM), Owens C (OC), P & G (PG), SAP (SAP), Sealed Air (SEE), Southern (SO), Whirlpool (WHR).


After the Close: Agnico (AEM), Allstate (ALL), Goldcorp (GG), Express Scripts (ESRX), Flextronics (FLEX), Open Text (OTEX), O'Reilly (ORLY), Ryland (RYL), Symantec (SYMC), Visa (V).

Thursday:
Economic: Weekly Claims (455K, 4.41M).

Earnings: 3M (
MMM),  Brinks (BCO), Barrick (ABX), Bunge (BG), Celgene (CELG), CME (CME), Exxon (XOM), Fortune Brands (FO), Motorola (MOT), KBR (KBR), OfficeMax (OMX), Potash (POT), Shaw (SHAW), Starwood (HOT), Strayer (STRA), Williams (WMB) and Zimmer (ZMH).

After Hours: Tech heavyweight and under-pressure of late Microsoft (MSFT) is expected to see profits of $0.55 compared to last year's $0.40 per share. Technically, beleaguered shares are showing strong signs of moving higher after breaking out of four-month long symmetrical triangle and consolidating above / using prior pattern resistance as support.

Acme Packet (APKT), BMC (BMC), Cerner (CERN), Cephalon (CEPH), Deckers (DECK), Expedia (EXPE), First Solar (FSLR), KLA-Tencor (KLAC), Manitowoc (MTW), Net Logic (NETL), Monster (MWW), Rovi (ROVI), Varian Semi (VSEA), Vistaprint (VPRT) and Wilson G'batch (GB).

Friday:
Economic:  Q3 GDP Advance (2.0%), Deflator (2.0%), Employment Cost (0.5%), Chicago PMI (57.5) and Michigan October Final (68.0).

Earnings: Posing for Friday's cameras, cosmetics giant Estee Lauder (
EL) is expected to show reduced profits of $0.77 per share versus prior year's $0.85. Technically, shares are displaying glamorous-looking six-month long bullish "W" with handle on weekly time frame, with corrective base finding support above prior all-time-highs set back in 2000.

Others: Amerigroup (
AGP), American Axle (AXL), Arch Coal (ACI), Chevron (CVX), CONSOL (CNX), Merck (MRK), NASDAQ (NDAQ), Henry Schein (HSIC).

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Monday, October 18, 2010

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: Net TIC Flows (prior $61.2B), IP & CU (0.2%, 74.8%), NAHB Index (13.0 vs. 13.0 prior).

Earnings:  Embattled / government indentured Citigroup (C) is in the spotlight. Analysts expect the financial giant to turn a profit of $0.06 per share versus the year ago's loss of -$0.27. Technically, shares have been pressured along with other big banks past week with the stock now hitting "flat" 50 and 200SMA support and midpoint within 5-month long 20% wide lateral consolidation.

Others: Halliburton (
HAL) and Hasbro (HAS).

After Hours: Large cap tech dominates the scene with Apple (
AAPL), the market's No.2 most heavily weighted, Dow component IBM (IBM) and cloud computing play VMware (VMW), all in play.

Apple is expected to produce profits of $4.08 compared to prior year's $1.82. Technically, expectations are prone to profit-taking entering report with shares of AAPL gaining about 30% since September to all-time-highs.

Others: Crown (CCK), Steel Dynamics (STLD) and Zions Bancorp (ZION).

Notable:  Q3 earnings season will see its first week of heavy and influential reporting beginning with Monday's marquee and muscle-worthy enlistees discussed above.  On the economic side, bulls and bears will see a lighter schedule. Fed's Beige Book on Wednesday is one likely market mover as investors look to further clues on quant easing "QE" by Fed at its early November meeting.

Tuesday:
Economic: Housing Starts & Permits (575K, 565K).

Earnings:  Financials in the spotlight with BofA, Goldman (GS) and State Street (STT) setting the tone. Others: Coca Cola (KO), EMC (EMC), Harley (HOG), Illinois Tool (ITW), J&J (JNJ), MGIC (MTG), NY Times (NYT), Peabody (BTU), UnitedHealth (UNH), Weatherford (WFT).

Featured, Dow component BofA (
BAC) expected to post a profit of $0.16 vs. last year's loss of -$0.26. Under increased investor strain related to political foreclosure wrangling last week, shares of BAC hit 52-week lows on massive two day sell-off.

After Hours: Altera (ALTR), Cree (CREE), Gilead (GILD), Intuitive Surgical (ISRG), Stryker (SYK), Tupperware (TUP), Western Digital (WDC) and Yahoo! (YHOO).

Wednesday:
Economic: Weekly Crude data, Mortgage Apps and Fed's Beige Book. The anecdotal report on economic conditions throughout various US regions will be latest report for bulls to confirm QE announcement from Fed.

Earnings: Altria (MO), AMB (AMB), AMR (AMR), Blackrock (BLK), Boeing (BA), Delta (DAL), Eaton (ETN), Genzyme (GENZ), M&T (MTB), Morgan Stanley (MS), Stanly B&D (SWK), US Air (LCC) and Wells Fargo (WFC).

After the Close: Amylin (AMLN), Core Labs (CLB), eBay (EBAY), Netflix (NFLX), Noble (NE), Schnitzer (SCHN), Seagate (STX), and Xilinx (XLNX).

Thursday:
Economic: Weekly Claims (455K vs. 462K prior), Continuing Claims (4.40M vs. 4.39M), Leading Indicators (0.3% vs. prior 0.3%) and Philly Fed (1.4 vs. prior -0.7).

Earnings: Dow components AT&T (
T), Caterpillar (CAT), McDonalds (MCD) and Travelers (TRV) lead another heavy a.m. session (BBT, CAL, CY, DHR, DO, FITB, HBAN, NUE, NTRS, NVR, PCX, PM, LUV, STI, VFC, XRX) of reporting.

Other notables include copper mining giant Freeport (
FCX), railroad operator Union Pacific (UNP), air and ground specialist (UPS) and "Best Second Derivative Play" on Apple, Cirrus Logic (CRUS) as hailed by Mad Money's James Cramer back in May but whose working relationship with Apple on future products has come under fire in past month.

After Hours: Amazon (AMZN), American Express (AXP), Baidu.com (BIDU), Bucyrus (BUCY) and SanDisk (SNDK) highlight busy (COF, CMG, CB, CTXS, CYMI, QLGC, RMBS, RVBD, SYNA, WOOF and WIT) schedule.

Friday:
Economic:  N/A.

Earnings: Honeywell (
HON), Exelon (EXC), Ingersoll Rand (IR), Ericsson (ERIC), Schlumberger (SLB), Snap-On (SNA), T Rowe Price (TROW) and Verizon (VZ).

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