Sunday, January 30, 2011

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: Inc & Spend (0.5%, 0.6% vs. 0.3%, 0.4%), PCE Prices Core (0.1% vs. 0.1%), Chicago PMI (65.0 vs. 66.8).

Earnings:
 S&P500's largest and Dow constituent Exxon Mobil (XOM) reports. Analysts expect profits to grow 28% to $1.63 a share. Technically speaking, XOM is prone to Q4's "profit-taking" earnings motif operandi with shares at two year highs and up 35% since its July corrective lows.

Others Premarket: Ceragon (
CRNT), Check Point (CHKP), Illinois Tool (ITW), Roper (ROP), Sohu (SOHU), Thomas & Betts (TNB).

After Hours:
Anadarko (APC), Baidu.com (BIDU), Cavium (CAVM), Eastman Chem (EMN), Intl Rectifier (IRF), Manitowoc (MTW), McKesson (MCK), Novellus (NVLS), Rent-A-Center (RCII).

"Extra! Extra!":
Massey Energy (MEE) announces stock and cash deal with Alpha Natural (ANR) over weekend for $7.1B and 21% premium to Friday's close. Merger will create energy giant and looks to ease ongoing safety violation litigation for Massey.

Tuesday:
Economic: ISM (58.2 vs. 58.5), Construction (-0.5% vs. 0.4%), Auto / Truck Sales.

Earnings:  Archer D (
ADM), Biogen (BIIB), BP (BP), Cummins (CMI), Emerson (EMR), Energizer (ENR), Lexmark (LXK), McGraw-Hill (MHP), Patriot Coal (PCX), Tupperware (TUP), UPS (UPS).

After Hours: Acme Packet (
APKT), Alliance Data (ADS), Broadcom (BRCM), C.H. Robinson (CHRW), Electronic Arts (ERTS), Massey (MEE), MEMC (WFR), United Rentals (URI), Websense (WBSN).

Wednesday:
Economic: Mortgage Apps, Weekly Crude, ADP (150K vs. 297K), Challenger Survey (prior -29.0%).

Earnings: AOL (
AOL), Cameron (CAM), Hershey (HSY), Marathon (MRO), Mattel (MAT), Thermo Fisher (TMO), Time Warner (TWX), Whirlpool (WHR).

After Hours: Atwood (
ATW), BMC (BMC), Cymer (CYMI), Green Mtn Coffee (GMCR), GT Solar (SOLR), Hartford (HIG), Tesoro (TSO), Visa (V), Yum! Brands (YUM).

Thursday:
Economic: Weekly Claims (425K vs. 454K), Continuing (3.92M vs. 3.99M), ISM Services (57.0 vs. 57.1), Productivity (2.2% vs. 2.3%), Unit Labor Costs (0.0% vs. -0.1%).

Earnings:
Blackstone (BX), Brinks (BCO), CIGNA (CI), Cardinal (CAH), CME (CME), Diamond O (DO), Dow Chem (DOW), Kellogg (K), MasterCard (MA), Moody's (MCO), Royal Gold (RGLD), Sony (SNE).

After Hours:
Dolby (DLB), Fiserv (FISV), JDS Uniphase (JDSU), LV Sands (LVS), Life Tech (LIFE), NetSuite (N), Sunoco (SUN), Trimble (TRMB), Vertex (VRTX).

Friday:
Economic:  January Jobs Report (150K vs. 103K, Private: 163K vs. 113K, Unemployment: 9.6% vs. 9.4%).

Earnings: Aetna (
AET), Am-Bergin (ABC), Constellation (CEG), Fortune Brands (FO), Pulte (PHM), Simon Props (SPG), Tidewater (TDW), Tyson (TSN), Weyerhaeuser (WY), YRC World (YRCW).
 
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Sunday, January 23, 2011

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: NA.

Earnings:
 Halliburton (HAL), McDonald's (MCD), Sealed Air (SEE), Steel Dynamics (STLD).

After Hours:
American Express (AXP), CSX (CSX), Jacobs (JEC), Texas Instruments (TXN), VMware (VMW), Zions Bancorp (ZION).

Tuesday:
Economic: Case Shiller (-1.3% vs. prior -0.80%), FHFA Housing (prior 0.70%), Consumer Confidence (53.5 vs. prior 52.5).

Earnings:  3M (
MMM), Blackrock (BLK), Brinker (EAT), Coach (COH), Corning (GLW), DuPont (DD), Harley D (HOG), J & J (JNJ), LM Ericsson (ERIC), Peabody (BTU), Regions (RF), Sherwin Williams (SHW), Travelers (TRV), US Steel (X), Verizon (VZ).

After Hours: Altera (
ALTR), Amdocs (DOX), Gilead (GILD), Juniper (JNPR), Stryker (SYK), WMS (WMS), Yahoo (YHOO).

Wednesday:
Economic: Mortgage Apps, Weekly Crude, FOMC Decision (0.25% vs. prior 0.25%).

Earnings: Alleghany Tech (
ATI), Boeing (BA), ConocoPhillips (COP), Hess (HES), Rockwell (ROK), SAP (SAP), US Air (LCC), Valero (VLO), WellPoint (WLP), Xerox (XRX).

After Hours: Amylin (
AMLN), Citrix (CTXS), Murphy Oil (MUR), Netflix (NFLX), Noble (NE), Qualcomm (QCOM), Ryland (RYL), Starbucks (SBUX), Symantec (SYMC), Tractor Supply (TSCO).

Thursday:
Economic: Weekly Claims (408K vs. 404K), Continuing (3.83M vs. 3.86M), Durable Orders (1.5% vs. prior -0.30% & ex-trans: 0.6% vs. prior 3.6%), Pending Homes (-0.5% vs. prior 3.5%).

Earnings:
Altria (MO), AT&T (T), Ball (BLL), Caterpillar (CAT), Celgene (CELG), Cirrus Logic (CRUS), Danaher (DHR), DR Horton (DHI), Eaton (ETN), L-3 (LLL), Newell Rubber (NWL), Potash (POT), Procter (PG), Stanley B&D (SWK), Time Warner Cable (TWC), Tyco (TYC), Under Armour (UA).

After Hours:
Amazon (AMZN), Ariba (ARBA), Digital River (DRIV), KLA-Tencor (KLAC), Microsoft (MSFT), QLogic (QLGC), Riverbed (RVBD), SanDisk (SNDK), Varian Semi (VSEA), VeriSign (VRSN).

Friday:
Economic:  GDP-Adv Q4 (3.8% vs. prior 2.6%), Deflator (1.6% vs. 2.1%), ECI (0.4% vs. 0.4%), Michigan Final (73.2 vs. 72.7).

Earnings: Chevron (
CVX), Ford (F), Honeywell (HON), Interactive Intelligence (ININ), Oshkosh (OSK), Quality Systems (QSII), Scott's (SMG), T. Rowe Price (TROW).

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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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Monday, January 10, 2011

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: No official US reports but over the weekend China announced its economy grew nearly 10% during 2010 with domestic retail sales growth of 18.5% a key driver. Top officials maintain the country has the "confidence, conditions and capability to maintain long-term stable and fast economic growth."

Earnings:
 Dow component and aluminum giant Alcoa (AA) reports after the bell and unofficially kicking off the Q4 earnings season. Analysts expect profits of $0.19 per share compared to year-over-year $0.01. Technically, shares of AA have enjoyed outsized Q4 run of about 60% and back to its best levels since January 2010 in deep cup-shaped weekly base.

Others: AM: Acuity (
AYI) Helen of Troy (HELE) and SMSC (SMSC). After Hours: Naz'100 component Apollo (APOL).

Tuesday:
Economic: Wholesale Inventories (1.3%).


Earnings:  Lennar (LEN), Supervalu (SVU), HB Fuller (FUL) and Synnex (SNX).

Others:
Wednesday:
Economic: Weekly Crude data, Mortgage Apps, Import / Export, Treasury Bud and Fed's Beige Book.

Earnings: CLARCOR (
CLC).

Thursday:
Economic: Weekly Claims (420K vs. 409K), Continuing (4.07M vs. 4.10M), PPI & Core (0.7%, 0.2%) and Trade Balance (-$40.6B).

Earnings:
Naz' 100 component and India-based IT giant Infosys (INFY) releases before the opening bell. Analysts expect profits of $0.66 versus last year's $0.59 per share. Shares of INFY are just off all-time-highs after run of about 37% during fourth quarter and approximately 5% above a "W" shaped base breakout.

After Hours: Naz' constituent and world's largest but increasingly dismissed semiconductor outfit Intel (
INTC) set to report. Analysts expect profits of $0.53 vs. prior year's $0.40. Technically, shares look to be at a major crossroad with bearish two-month long H & S top taking on more recent bullish Golden Cross and contrarian positioning below both key long-term moving averages.

Friday:
Economic:  CPI & Core (0.4%, 0.1%), Retail Sales (0.7%, ex-auto: 0.6%), IP & CU (0.4%, 75.5%), Michigan (75.0), Business Inventories (0.7%).

Earnings: Dow component and money center banker JP Morgan Chase (
JPM) is expected to produce earnings of $0.99 per share compared to prior $0.74 per share. JPM, along with financial cronies have outperformed during past month but underperformed during 2010. Friday's Supreme Court ruling should continue to influence trading early next week.
 
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Sunday, January 2, 2011

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: Construction Spending (0.2% vs. prior 0.7%), ISM Index (57.3 vs. 56.6).

Earnings:
 NA.

Tuesday:
Economic: Factory Orders (-0.4% vs. -0.9%), FOMC Minutes, Truck & Auto Sales (5.3M, 3.7M).

Earnings:  Aggie Mosaic (
MOS) is in the spotlight. Analysts expect profits of $0.91 per share representing earnings growth of nearly 185%.

Technically, shares of MOS are in a bullish position with the stock about 2% above prior week's breakout from a nine-week long cup-shaped base wedged at YTD highs from January. Strong fundamentals per IBD, liquid listed options and strong volatility characteristics make MOS a potential dynamic collar candidate.

Others: AngioDynamics (
ANGO), Sonic (SONC) and Team (TISI).

Wednesday:
Economic: Weekly Crude data, Mortgage Apps, Challenger Job (prior -3.3%), ADP (100K vs. 9,300), ISM Services (55.7 vs. 55.0).
 
Earnings: Family Dollar (
FDO), UniFirst (UNF). After Hours: Resources Connect (RECN), Ruby Tuesday (RT).

Thursday:
Economic: Weekly Claims (405K vs. 388K), Continuing Claims (4.07M vs. 4.128M).

Earnings:
Seed giant Monsanto (MON) is expected to turn a slight profit of $0.02 per share compared to prior year's equally slender loss of -$0.02.

Technically, shares of MON enjoyed a strong quarterly run of about 45% into the yearend but underperformed during 2010 with the stock off about -15%. MON is currently facing a key weekly chart test of a downtrend resistance line and bear flag extension line dating from Nov 2008.

Others: Constellation Brands (
STZ), and RPM (RPM). After Hours: Global Payment (GPN), IHS (IHS), Immucor (BLUD), Shaw (SHAW) and Xyratex (XRTX).   

Friday:
Economic:  "BernankeSpeak", December Jobs (132K vs. 39K), Private Payrolls (142K vs. 50K), Unemployment (9.8% vs. 9.8%), Consumer Credit (-$2.5B vs. $3.4B).

Earnings: AZZ (
AZZ), KB Home (KBH), PriceSmart (PSMT) and Robbins & Myers (RBN).
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Monday, December 27, 2010

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: NA.

Earnings:
 Cal-Maine Foods (CALM).

Tuesday:
Economic: Case Shiller (-0.2% vs. prior -0.59%), Consumer Confidence (56.1 vs. 54.1).

Earnings:  NA.

Wednesday:
Economic: Weekly Crude data, Mortgage Apps (prior -18.6%).

Earnings: Imperial Sugar (
IPSU).

Thursday:
Economic: Weekly Claims (416K vs. 420K & 4.03M vs. 4.064M), Chicago PMI (62.5 vs. 62.5), Pending Home Sales (-1.8% vs. 10.4%).

Earnings:
NA.

Friday: (End of Quarter NYSE Open)
Economic:  NA.

Earnings: NA
 
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Monday, December 20, 2010

THIS WEEK'S MARKET MOVERS

chart
Courtesy of ChartsEdge
Monday:
Economic: NA.

Earnings:
 Jeffries (JEF). After Hours: Adobe (ADBE), Darden (DRI), Jabil (JBL) and Paychex (PAYX).

Tuesday:
Economic: NA.

Earnings:
 Two of the week's most closely-watched reports will likely prove to be cruise operator Carnival (CCL) in Tuesday's premarket and Nike (NKE) in the after hours session as the health of discretionary spending by consumers will be in the spotlight.

Analysts expect Carnival to post profit growth of 33% on earnings of $0.32 per share. Technically, shares faltered slightly last week but have continued to hold 50SMA support and maintain recent pivot lows as part of a weekly handle developing within a seven week long base off marginal intermediate highs.

For its part, athletics giant Nike is set to show profits of $0.88 per share and up from last year's $0.76. Technically speaking, shares have been trendy in beating the broader averages with YTD gains of about 40% to all-time-highs, up about 16% since its last report. NKE's positioning makes it prone to modest profit-taking on good results but at the same time, doesn't look overtly-extended and the $100 mark about 11% removed from current levels.

Other: CarMax (KMX), Commercial Metals (CMC), ConAgra (CAG). After Hours: Cintas (CTAS), Finish Line (FINL), Hovnanian (HOV), Red Hat (RHT), TIBCO (TIBX).

Wednesday:
Economic: Weekly Crude data, Mortgage Apps, Q3 GDP 3rd (2.7%), Deflator (2.3%), Existing Homes (4.65M vs. prior 4.43M), FHFA Home Price Index (prior -0.7%).

Earnings: Lindsay (
LNN), Walgreens (WAG). After Hours: Bed Bath & Beyond (BBBY), Christopher & Banks (CBK), Micron (MU).

Thursday:
Economic: Weekly Claims (424K, 4.07M), Inc & Spend (0.2% vs. prior 0.5% & 0.5% vs. 0.4%), PCE Core Prices (0.1% vs. prior 0.0%), Durable Orders (-1.0% vs. -3.3%; ex-trans 1.0% vs. -2.7%), Michigan (75.0 vs. 74.2), New Home Sales (303K vs. prior 283K).

Earnings:
NA.

Friday: Christmas Holiday
Economic:  NA.

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