Trading Radar: Banks Ready to Report
Stay one step ahead of the rest.
Next week will start slow thanks to Columbus Day -- the bond market is closed but not the stock market -- but the action will pick up later in the week when earnings season really gets going.
Banks have been upgrading other banks lately and next week we will get to see if these upgrades are warranted when Bank of America (BAC), JPMorgan (JPM), Citigroup (C), and Goldman Sachs (GS) report earnings. The spread between the 2- and 10-year bond offers a good environment for the banks to make money.
Other companies reporting earnings next week are Intel (INTC), IBM (IBM), and Google (GOOG).
Monday, October 12
Bond Markets Closed for Columbus Day Holiday
Tuesday, October 13
Before: DPZ, GIGM, JNJ
After: ALTR, CSX, INTC
07:30 Christina Romer
12:00 Donald Kohn
01:15 William Dudley
NOK and SYMC @ Dow Jones Newswires VentureWire Showcase Conference
JCI Strategic Review and 2010 Outlook Analyst Presentation
WATG, ADY, HRBN, CTFO @ Roth Capital Partners China Conference
ARST Investor and Financial Analyst Day
CBRL Investor Day
Wednesday, October 14
08:30 Export Price ex-ag
08:30 Import Prices ex-oil
08:30 Retail Sales (-2.0% cons)
08:30 Retail Sales ex-auto (-0.2% cons)
10:00 Business Inventories (-0.8% cons)
02:00 FOMC Minutes
Before: ABT, CBSH, JPM, LUFK, MTOX, PGR, GWW
After: ATR, CCK, SPTN, STLY, WDFC, XLNX
Thursday, October 15
08:30 Initial Claims
08:30 Continuing Claims
08:30 Core CPI (0.1% cons)
08:30 CPI (0.2% cons)
10:00 Philadelphia Fed (12.3 cons.)
01:00 Crude Inventories
Before: APH, BAX, BIIB, SCHW, CIT, C, CY, FCS, GS, HOG, HOMB, KNL, NOK, PII, PPG, SWY, LUV, UTEK, WGO
After: AMD, CBST, GOOG, IBM, PMCS, TPX, TSCM
HALO Investor R&D Day
PETM 2009 Analyst Day
ORCL Analyst Meeting
Friday, October 16
09:00 Net Long-Term TIC Flows
09:15 Capacity Utilization (69.7% cons)
09:15 Industrial Production (0.1% cons)
09:55 Michigan Sentiment- Prel (73.5 cons)
Before: AOS, BAC, FHN, GE, HAL, MAT, PRSP
10:15 Richard Fisher
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