Trading Radar: FOMC Meeting Looms
Stay one step ahead of the rest.
Of course it’s the middle of earnings season so investors will awaiting results from Apple (AAPL), Amazon (AMZN), Caterpillar (CAT), Boeing (BA), and Microsoft (MSFT) to name a few. Also, keep an eye on Consumer Confidence and GDP which will be released on Wednesday and Friday.
The events above are big, but they aren’t even the highlight of the week. On Wednesday, the FOMC will announce its decision on interest rates. No change is expected but watch for new language in the statement as well as changes made the Fed’s purchase program which is expected to end soon. Then later that evening President Obama will give his state of the union address. Will he talk more about his attempts to destroy Wall Street? What about healthcare?
Did I mention that Apple releases the much anticipated Tablet on Wednesday as well?
Monday, January 25
Economics
10:00 Existing Home Sales 6.00M cons.
Earnings
Before: AKS, CNH, ETN, HAL, ERIC, DGX, SEE
After: ALGT, AMGN, AAPL, ATHR, JEC, MSPD, PRXL, SLG, TXN, VMW, VLTR, ZION
Auctions
11:30 3-Month Bill Auction
11:30 6-Month Bill Auction
Tuesday, January 26
Economics
09:00 Case-Shiller 20 City Index -5.20% cons.
10:00 Consumer Confidence 52.9 cons.
10:00 FHFA Home Price Index
Earnings
Before: ABC, BHI, CRS, CBE, GLW, DAL, DD, EMC, ENR, JNJ, KCI, MHP, NUE, BTU, RYN, SHW, TLAB, TRV, TUES, X, VZ, GWW,
After: ALTR, BBOX, BXP, ELY, CNI, DV, GILD, INFN, MCK, PTV, RFMD, SYK, TPX, YHOO
Auctions
01:00 2-Yr Note Auction
Wednesday, January 27
Economics
10:00 New Home Sales 370k cons.
10:30 Crude Inventories
02:15 FOMC Rate Decision 0.25% cons.
Earnings
Before: ABT, ATI, BLK, BA, CAT, COP, EXP, GD, HSY, HES, ITW, MNI, NYB, PJC, PX, ROK, SAP, SII, SO, STJ, SWK, UAUA, WLP
After: AMLN, CTXS, CCI, ETFC, ETH, FLEX, GMCR, HBI, HXL, HOKU, MUR, NFLX, NE, NSC, OI, QCOM, JAVA, SYMC, TTEK
Auctions
01:00 5-Yr Note Auction
Speeches
10:00 Tim Geithner
09:00 Barack Obama
Thursday, January 28
Economics
08:30 Initial Claims
08:30 Continuing Claims
08:30 Durable Orders 2.0% cons.
Earnings
Before: FLWS, MMM, ALK, MO, AEP, T, BAX, BDX, BMY, BC, CP, CAH, CELG, CHKP, CRUS, CL, CNX, CY, DHR, LLY, EL, FCF, F, BEN, GR, JNS, JBLU, KSU, LLL, LMT, MKC, MOT, NOK, NVR, OXY, OXPS, OSK, POT, PF, RTN, RCL, TSM, TST, TWC, TYC, UA, ZMH
After: AMZN, CB, CYN, COLM, CYMI, EMN, FORM, GNW, JNPR, MSFT, PMCS, RMBS, SNDK, SPWRA, SXE, VPRT,
Auction
01:00 7-Yr Note Auction
Friday, January 29
Economics
08:30 GDP 4.5% cons.
08:30 Chain Deflator 1.3% cons.
08:30 Employment Cost Index 0.4% cons.
09:45 Chicago PMI 56.0 cons.
09:55 University of Michigan Sentiment 73.0 cons.
Earnings
Before: ACI, AVY, CVX, DOV, FO, HON, MAT, NWL, PCAR,
After:
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