A huge week ahead for data and earnings. Over 70 companies report with 29 S&P 500 firms. Among them are some of the biggest companies in the index. We also have a number of important economic reports on the docket. This week will be pivotal in the rally as we try to validate the recent price surge higher. Let’s have a look at what’s on tap:
Monday –A slow day, but expect investors to position themselves for the big news coming down the pipe.
Tuesday –A number of speeches from government officials could move the markets. Earnings from JNJ and Intel will be the primary drivers of market action.
Christina Romer Speaks 7:30 AM ET
Redbook 8:55 AM ET
Donald Kohn Speaks 12:00 PM ET
William Dudley Speaks 1:15 PM ET
Wednesday –JP Morgan reports before the bell. Also of importance will be the commerce department’s retail sales report.
Retail Sales 8:30 AM ET
Import and Export Prices 8:30 AM ET
Business Inventories 10:00 AM ET
Thursday – Citi, Goldman, Google and IBM all report earnings. The data is also packed as CPI, Empire Manufacturing, claims & Philly Fed are released. Citi and Goldman will set the tone early as they report before the opening bell.
Consumer Price Index 8:30 AM ET
Empire State Mfg Survey 8:30 AM ET
Jobless Claims 8:30 AM ET
Philadelphia Fed Survey 10:00 AM ET
EIA Natural Gas Report 10:30 AM ET
Friday – Bank of America and GE report earnings before the opening bell. Industrial production and consumer sentiment will also move markets.
Industrial Production 9:15 AM ET
Consumer Sentiment 9:55 AM ET
Richard Fisher Speaks 10:15 AM ET
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.