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.

THIS WEEK'S MARKET MOVERS

Courtesy of ChartsEdge

Monday:
Economic: Income  & Spend (0.4% & 0.5% vs. prior 0.1% & -0.2%), PCE Core (0.2%), Pending Homes (-1.4% vs. prior 2.4%).

Earnings: LDK Solar (LDK), Donaldson (DCI).

Tuesday:
Economic:  Case Shiller (-4.7% vs. prior -4.51%), Consumer Confidence (52.0).
 
Earnings: Dollar General (DG), DSW (DSW).

After Hours: First Marblehead (FMD), Shanda (SNDA), Vera B (VRA).

Wednesday:
Economic:  MBA mortgage, Weekly crude, Challenger (prior 59.4%), ADP (100K vs. prior 114K), Chicago PMI (52.5), Factory Orders (1.8%).

Earnings: Fresh Market (TFM), Joy Global (JOYG), LTX-C (LTXC).

After Hours: Cooper (COO, Greif (GEF), Oxford (OXM), SAIC (SAI), Zumiez (ZUMZ).

Thursday:
Economic:  Weekly Claims (408K vs. prior 417K), Continuing (3.66M), ISM (48.5 vs. prior 50.9), Construction (0.1%), Auto / Truck.

Earnings: Ciena (CIEN), Movado (MOV), UTI Worldwide (UTIW).

After Hours: Esterline (ESL), Finisar (FNSR), H & R (HRB), Quiksilver (ZQK), SeaChange (SEAC).

Friday:
Economic: BLS August Jobs Report (111K vs. prior 154K and 9.1% vs. prior 9.1%).

Earnings: Campbell Soup (CPB). 

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THIS WEEK'S MARKET MOVERS

Courtesy of ChartsEdge

Monday:
Economic: NA

Earnings: Navios (NM), Suntech Power (STP).

After Hours: Focus Media (FMCN), Perfect World (PWRD).

Tuesday:
Economic:  New Homes (310K vs. prior 312K).

Earnings: BofM (BMO), Corinthian (COCO), Daktronics (DAKT), Heinz (HNZ), Trina (TSL), Williams Sonoma (WSM).

After Hours: Dycom (DY), Globe Specialty Metals (GSM), Hain (HAIN), La-Z-Boy (LZB), Shanda (GAME).

Wednesday:
Economic:  MBA mortgage, Weekly crude, Durable Orders & ex-Trans (2.0% & -0.4% vs. prior -1.9% & 0.4%), FHFA Index.

Earnings: American Eagle (AEO), Toll Bros (TOL).

After Hours: Applied Materials (AMAT), Express (EXPR), Guess (GES), Semtech (SMTC), Sigma (SIGM), TiVo (TIVO), Solera (SLH).

Thursday:
Economic:  Weekly Claims (400K vs. 408K), Continuing (3.7M)

Earnings: Big Lots (BIG), Cyberonics (CYBX), Hormel (HRL), Patterson (PDCO), Seadrill (SDRL).

After Hours: Aruba (ARUN), Krispy Kreme (KKD), OmniVision (OVTI), Pandora (P).

Friday:
Economic: GDP 2^nd Rev Q2 (1.1% vs. 1.3%), Deflator (2.3% vs. 2.3%), Michigan (55.4 vs. 54.9), Jackson Hole Economic Symposium (Aug 26 – 28).

Earnings: Tiffany (TIF). 

 

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