Trading Radar: Key Economic Data Arrives Thursday and Friday

By Matt Theal May 20, 2011 4:30 pm

Economics, earnings reports, and market events for the week ahead.



The majority of actionable trading catalysts will be coming late next week as GDP is released on Thursday and then on Friday PCE prices and Michigan Sentiment will be released. Some notable earnings releases are Costco (COST), AutoZone (AZO), Heinz (HNZ) and Ralph Lauren (RL).




Monday, May 23


US Economics

No Releases

Global Economic Data

China PMI
German PMI
Euro-Zone PMI

Earnings

Before: CPB, CFSG, CSUN, KKD, PERY, SFL, TECD

After: SOLR, HSFT, JMBA, LDK, PWRD, VERGY


Tuesday, May 24

US Economics

10:00 New Home Sales

Global Economic Data


Japan Economic Report
New Zealand Reserve Bank Inflation expectation
Euro-Zone GDP
German IFO
Great Britain Public Sector Net Borrowing
Japan Merchandise Trade Balance

Earnings


Before: AZO, CBRL, DSW, MDT, SAFM

After: AMAT, AVGO, PSS, CPWR, DY, EXPR, FMCN, HEI, KONG, PSUN, TTWO, TIVO


Wednesday, May 25

US Economics

07:00 MBA Mortgage Purchase Index
08:30 Durable Orders
08:30 Durable Orders ex- Transportation
10:00 FHFA Housing Price Index
10:30 Crude Oil Inventories

Global Economic Data


Australia Conference Board Index
Australia Consumer Inflation Expectation
Australia Capital Expenditure
Great Britain GDP
Great Britain Price Consumption
Great Britain Government Spending
Great Britain Total Business Investment

Earnings

Before: AEO, BMO, BWS, CONN, COST, FRO, HRL, LTXC, MDCI, RL, STP, SCMR, SYNO, TOL, ZLC

After: NDN, AFCE, ASNA, CSC, NTAP, SMTC, SIGM, VLNC


Thursday, May 26

US Economics


08:30 GDP-Second Estimate
08:30 GDP Deflator- Second Estimate
08:30 Initial Claims
08:30 Continuing Claims

Global Econ Data


Swiss Trade Balance
Japan CPI
Japan Retail Trade

Earnings

Before: BIG, BRLI, EJ, FRED, GU, HGG, HNZ, PDCO, ROLL, SIG, SNE, TIF

After: CRMT, BCSI, HOKU, LAVA, NOVL, OVTI, RUE


Friday, May 27

US Economics

08:30 Personal Income
08:30 Personal Spending
08:30 PCE Prices- Core
09:55 Michigan Sentiment-Final
10:00 Pending Home Sales

Global Econ Data

German Retail Sales
Euro-Zone Economic Confidence

Earnings

Before: CMCO, GHM, MENT, SDRL

After:
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No positions in stocks mentioned.

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