THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Ongoing wild card credit market drivers with sovereign debt yields and pressured EUR/USD on the radar for traders. Consumer Credit ($7.0B).

Earnings: Acuity (AYI), Schnitzer Steel (SCHN).

After Hours: Aluminum giant and Dow constituent Alcoa (AA) unofficially kicks off the fourth quarter earnings season. Analysts expect profits of $0.01 per share compared to the year ago period's $0.21 per share.

Technically, shares of AA look to have discounted or priced in a weak report with the stock down 50% from its April highs and trading just off its 52-week lows in a confirmed double bottom pattern and EW4 EBOT signal this week on the weekly time frame. 

Tuesday: 
Economic:  Wholesale Inventories (0.5%).

Earnings: Synnex (SNX).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, Fed's Beige Book.

Earnings: Lennar (LEN), Supervalu (SVU).

After Hours: NA.

Thursday: 
Economic:  Weekly Claims (375K), Retail Sales (0.4% and ex-auto 0.4%), Biz Inventories (0.5%), Treasury Budget.

Earnings: Infosys (INFY), Shaw Comms (SJR).

After Hours: NA.

Friday: 
Economic: Trade Balance (-$44.3B), Import / Export, Michigan Sentiment (71.0).

Earnings: JPMorgan Chase (JPM).

THIS WEEK'S MARKET MOVERS

 

Monday: 
Economic: Ongoing potential for wild card credit market drivers.

Earnings: NA.

Tuesday: 
Economic:  Case Shiller (-3.0%), Consumer Confidence (58.0).

Earnings: Cal-Maine (CALM).

Wednesday: 
Economic:  Weekly Mortgage Index.

Earnings: 

Thursday: 
Economic:  Weekly Claims (368K), Chicago PMI (60.1), Pending Homes 0.6%), Weekly Crude.

Earnings After Hours: Diamond Foods (DMND).

Friday: 
Economic: NA.

Earnings: NA.

TECHNICAL OUTLOOK 

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Ongoing potential wild card credit market drivers. Treasury Budget (-$139.5B).

Earnings: NA.

Tuesday: 
Economic:  Retail Sales (0.6% & 0.5% ex auto), Business Inv's (0.9%), FOMC Rate Decision.

Earnings: Big box electronics outfit Best Buy (BBY) reports. Analysts expect the company to show profits of $0.51 per share compared to last year's $0.54. Along with Thursday's earnings delivery from economic bellwether FedEx (FDX), the report is a potential tone-setter for the broader market with consumer spending habits in focus. 

Technically speaking, shares of BBY have been a technical laggard the past couple years. Currently, a counter-trend rally of about two months in length is setting up a bearish flag pattern against 200SMA resistance.

Other: FactSet (FDS), Pantry (PTRY).

After Hours: ABM (ABM).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, Import / Export.

Earnings: Synovis (SYNO).

After Hours: VeriFone (PAY).

Thursday: 
Economic:  Weekly Claims (390K), PPI & Core (0.2% & 0.1%), Empire (3.0), IP & CU (0.2% & 77.8%), Philly Fed (4.3).

Earnings: As noted above, FedEx (FDX) is a likely market mover with its report and attached outlook on the global economy. Analysts expect the air / freight giant to post profits of $1.53 versus last year's $1.16. Technically, shares appear positioned as a higher volatility / beta proxy for the SP-500 with the stock wedged laterally below 200SMA resistance. 

Other: Discover (DFS) is expected to earn profits of $0.90 per share versus $0.64 from the year ago period. Technically, shares have established a five month long symmetrical triangle readying itself for a breakout or breakdown from its apex.

Also: Hovnanian (HOV), Pier 1 (PIR), Rite Aid (RAD).

After Hours: Large cap tech is in focus with reports from Adobe (ADBE), RIM (RIMM) and Accenture (ACN).

Friday: 
Economic: CPI & Core (0.1% & 0.1%).

Earnings: Darden (DRI).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Ongoing wild card credit market drivers with likely focus on updates or lack thereof from global central bankers, possible ratings shifts from credit ratings agencies and build up in front of Thursday and Friday EU Summit in Brussels.

Officially-Sanctioned Economic Radar: Factory Orders (-0.4%), ISM Services (53.4).
 
Earnings: Dollar General (DG).

After Hours: Pep Boys (PBY). 

Tuesday: 
Economic:  NA.

Earnings: AutoZone (AZO), Bank of Montreal (BMO), Liquidity Services (LQDT), Toll Bros (TOL), Toro (TTC).

After Hours: Casey's (CASY), Men's Wearhouse (MW), Oxford (OXM), Photronics (PLAB), SAIC (SAI), Vera Bradley (VRA).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, Consumer Credit ($7.0B).

After Hours Earnings: Greif (GEF).

Thursday: 
Economic:  EU Summit, Weekly Claims (395K), Wholesale Inventories (0.2%).

Earnings: Ciena (CIEN), Costco (COST). 

After Hours: Comtech (CMTL), Cooper (COO), Esterline (ESL), Pall (PLL). 

Friday: 
Economic: EU Summit, Trade Balance (-$44.0B), Michigan (65.0)

Earnings: Titan (TITN).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Ongoing wild card credit market drivers. New Homes (312K).

Earnings: Copart (CPRT). 

Tuesday: 
Economic:  Case Shiller (-3.0%), Consumer Confidence (43.0), FHFA.

Earnings: Tiffany (TIF), Beacon Roofing (BECN). 

After Hours: KongZhong (KONG), OmniVision (OVTI), Ralcorp (RAH). 

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, ADP (120K), Challenger, Productivity Q3 (2.6%), Chicago PMI (57.5), Pending Homes (0.1%), Fed's Beige Book.

Earnings: Seadrill (SDRL), Untd Nat Foods (UNFI).

After Hours: Aeropostale (ARO), Express (EXPR), Finisar (FNSR), Guess (GES), Krispy Kreme (KKD), rue21 (RUE), Semtech (SMTC), Synopsys (SNPS).

Thursday: 
Economic:  Weekly Claims (390K), ISM (51.0), Construction (0.2%), Auto / Truck.

Earnings: Kroger (KR), Lululemon (LULU), Movado (MOV), UTI World (UTIW).

After Hours: Avago (AVGO), H & R Block (HRB), Mitel Networks (MITL), PVH (PVH), Ulta Salon (ULTA), Zumiez (ZUMZ).

Friday: 
Economic: BLS Jobs Report (118K public, 133K private, 9.0% unemployment).

Earnings: Big Lots (BIG), Scotiabank (BNS).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Continued wild card credit market drivers for bulls and bears. 

Earnings: JC Penney (JCP), Lowe's (LOW).

After Hours: 21Vianet (VNET), InterOil (IOC), Jacobs (JEC), Urban Outfitters (URBN), ZAGG (ZAGG).

Tuesday: 
Economic:  PPI & Core (-0.2% & 0.1%), Retail Sales (0.4%, 0.2%), Empire (0.0), Bus Invs (0.1%).

Earnings: Beazer (BZH), Dick's (DKS), Home Depot (HD), Staples (SPLS), Saks (SKS), Wal-Mart (WMT).

After Hours: Agilent (A), Autodesk (ADSK), Dell (DELL), Bob Evans (BOBE), Concur (CNQR).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, CPI & Core (0.0% & 0.1%), IP & CU (0.4% & 77.6%), NAHB (18).

Earnings: Abercrombie (ANF), Dangdang (DANG), Sally Beauty (SBH), Target (TGT), Tyco (TYC).

After Hours: Applied Materials (AMAT), Limited (LTD), NetApp (NTAP), Netease (NTES), PETsMART (PETM), Youku.com (YOKU).

Thursday: 
Economic:  Weekly Claims (400K), Continuing Claims (3.65M), Housing Starts & Permits (603K & 603K), Philly Fed (7.5).

Earnings: Buckle (BKE), Dollar Tree (DLTR), Donaldson (DCI), Gamestop (GME), Smucker's (SJM), Ross (ROSS), Sears (SHLD), Williams Sonoma (WSM).

After Hours: Aruba (ARUN), Atwood (ATW), Blue Coat (BCSI), Dolby (DLB), Focus Media (FMCN), Foot Locker (FL), Gap (GPS), Intuit (INTU), Marvell (MRVL), Salesforce (CRM), Shoe Carnival (SCVL).

Friday: 
Economic: Leading Indicators (0.6%).

Earnings: AnnTaylor (ANN), Brady (BRC), Hibbett (HIBB), Heinz (HNZ).

THIS WEEK'S MARKET MOVERS

Monday: 
Economic: Continued wild card credit market drivers with investors increasingly worried of packaged solution to crisis being possible. Consumer Credit ($5.0B).

Earnings: Broadsoft (BSFT), Cameco (CCJ), DISH (DISH), Louisiana Pac (LPX).

After Hours: GT Advanced (GTAT), Priceline (PCLN), Rackspace (RAX), WMS (WMS).

Tuesday: 
Economic:  NA.

Earnings: Fossil (FOSL), James River (JRCC), Hecla (HL), Rockwell (ROK), Zebra (ZBRA).

After Hours: Amdocs (DOX), Blue Nile (NILE), Clean Energy (CLNE), McDermott (MDR), Pan Am Silver (PAAS), Rovi (ROVI), Silicon Graphics (SGI), Sina (SINA), Univ Panel (PANL), Weight Watchers (WTW).

Wednesday: 
Economic:  Weekly Mortgage Index, Weekly Crude, Wholesale Inv's (0.6%).

Earnings: General Motors (GM), IAMGOLD (IAG), Macy's (M), Polo (RL), Silver Wheaton (SLW), SodaStream (SODA).

After Hours: Cisco (CSCO) reports after the close. Analysts expect the networking giant to post profits of $0.39 per share compared to $0.42 in the year ago period. Technically, shares have turned the corner over the last several weeks by breaking through a long-standing downtrend of about 1.5 years in length and reclaiming its 200SMA over the past four weeks. 

Others: Green Mtn (GMCR), MBIA (MBI), PDL Bio (PDLI), Rock-Tenn (RKT).

Thursday: 
Economic:  Weekly Claims (400K), Continuing Claims (3.69M), Import / Export, Trade Balance & Budget. 

Earnings: Aecom (ACM), CAE (CAE), Kohl's (KSS), Teekay (TK), Tim Horton's (THI), Viacom (VIA.B).

After Hours: China New Borun (BORN), Darling (DAR), Home Inns (HMIN), Molycorp (MCP), Nordstrom (JWN), NVIDIA (NVDA), Disney (DIS).

Friday: 
Economic: Michigan Sentiment (61.5).

Earnings: Brookfield (BAM), DR Horton (DHI).