Trading Radar: GDP Headlines Economic Data
Stay one step ahead of the rest
Economic data gets off to a slow start with nothing scheduled for Monday. But the pace picks up with housing data on Tuesday and Wednesday, ending later with durable goods, GDP, consumer sentiment, and also existing home sales on Friday. Fed Chairman Ben Bernanke also speaks twice next week. Don't forget earnings from Lowe's (LOW), Home Depot aka Hot Dog (HD), and Newmont Mining (NEM).
Monday, February 22
No economic events scheduled
Before: CPB, LOW, PWR, CEG,
After: DTE, HMA, JWN, IPCM, OWW, RSH,
10:30 Janet Yellen Speaks
11:00 Ben Bernanke Speaks
Tuesday, February 23
09:00 Case-Shiller 20-city Index: -3.0% consensus
10:00 Consumer Confidence: 56.5 consensus
Before: CRDN, DSX, HD, HURN, EXPD, LIZ, M, MVL, ODP, RDN, HK, SHLD, TGT, THC, WAB, WPI,
After: BMRN, BCSI, DWA, HTZ, PZZA, STEC, VOLC,
5:00 James Bullard Speaks
11:30 4-week bill auction
1:00 2-yr note auction
Wednesday, February 24
10:00 New Home Sales: 350 k consensus
10:30 Crude Inventories
Before: DLTR, EV, CLWR, CHS, GRMN, SJM, JMP, LXP, SKS, TJX, TOL, RIG, TSL
After: BBI, FLS, GNK, EXRX, KONG, LTD, JAVA, RGR,
10:00 Ben Bernanke Speaks
1:00 5-yr note auction
Thursday, February 25
8:30 Initial Claims 465k cons.
8:30 Continuing Claims
8:30 Durable Orders 1.5% cons.
10:00 FHFA Housing Price Index
Before: CRMT, BX, CVC, DT, FIG, FTO, HNX, H, KBR, DPS, CVC, NRG, ZEUS, OMG, REV, SWY, NEM, THI, ZLC, SHOO,
After: CROX, DECK, DRYS, FLR, MHK, RST, BID, VLCM, WYNN,
11:00 3-month bill announcement
1:00 7-yr note auction
12:30 James Bullard speaks
4:30 Fed Balance sheet and Money supply
Friday, February 26
08:30 GDP - Second Estimate 5.6% cons.
8:30 GDP Deflator - Second Estimate 0.6% cons.
9:45 Chicago PMI 59.0 cons.
9:55 U Michigan Consumer Sentiment - Final 73.9 cons.
10:00 Existing Home Sales 5.5 mln cons.
Before: AYR, FRO, FCN, JRCC
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