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WHAT’S ON TAP?

Although we’re still in the heart of earnings season the market moving news is starting to taper off.  The upcoming week will have 280 earnings reports, but just 16 of those firms reporting are S&P 500 members.   The calendar is loaded with consumer related reports.  With a relatively light economic news calendar news from the retailers and other consumer reports could dictate much of the movement.

Monday – No major market moving news.

Tuesday – No major market moving news.

ICSC-Goldman Store Sales 7:45 AM ET

Redbook 8:55 AM ET

Wednesday –Macy’s reports earnings.  There is no market moving economic news.

Thursday – Wal-Mart reports earnings before the bell.  This could dictate much of the action.  We also get reports from Disney, Nordstroms, and Kohls after the bell.

Jobless Claims 8:30 AM

EIA Petroleum Status Report 11:00 AM ET

Friday – JC Penney reports before the bell.  There is no market moving economic news.

International Trade 8:30 AM ET

Import and Export Prices 8:30 AM ET

Consumer Sentiment 9:55 AM ET

EIA Natural Gas Report 10:30 AM ET

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