Trading Radar: Put On Your Year-End Rally Cap
Stay one step ahead of the rest.
Earnings were surprisingly better than expected and most major brokerage firms lifted their 2010 EPS forecasts on the S&P 500. Goldman Sachs raised its forecast to $75 and Citigroup moved its to $72.50.
With earnings now out of the way, investors will be turning their attention to the much anticipated year-end rally. Will the underperforming funds chase performance into 2010?
Monday, November 16
Economics
08:30 Retail Sales 0.9% cons.
08:30 Retail Sales ex-auto 0.4% cons.
08:30 Empire Manufacturing 29.0 cons.
10:00 Business Inventories -0.6% cons.
Earnings
Before: ADY, CYPB, FTK, FREE, LOW, PWRD, SCR
After: AOB, AGO, LFT, PSUN
Speeches
12:00 Ben Bernanke
Auctions
11:30 3-Month Bill Auction
11:30 6- Month Bill Auction
Events
DV Education Day
NJ at Deutsche Bank Securities Japan Conference
SI at Nomura German Swiss Conference
ATLS, COG, CXG, PETD at Pritchard Capital Partners Appalachia Energy Forum
MGAM, WGA at Deutsche Bank Securities G2E Gaming Investment Forum
PARL, WPCS, BSQR, XPO at First Midwest Securities Small Cap Ideas Conference
WIT Analyst Day
RAI Investor Day
TGH Investor and Analyst Event
DOV to Host Investor Meeting
IART Analyst Forum
KO Analyst Meeting
Tuesday, November 17
Economics
08:30 Core PPI 0.1% cons.
08:30 PPI 0.5% cons.
09:00 Net Long-term TIC Flows
09:15 Capacity Utilization 70.8% cons.
09:15 Industrial Production 0.3% cons.
Earnings
Before: CSIQ, COV, EJ, HD, JEC, SKS, TGT, TJX,
After: ADSK, CNQR, HNSN, LZB, CRM
Speeches
10:00 Jeffrey Lacker
Events
CORE, CVGW at BB&T Capital Markets Food Industry Conference
HEV at Dow Jones Newswires Alternative Energy Conference
UBS Investor Day
STEC Analyst Day
LNC Conference for Investors and Bankers
AER Investor Meeting
SXCI Analyst Meeting
EXP, USG, SVR, ORN at Stephens Fall Investment Conference
SEE, LZ, AVY, POL at Ingalls & Snyder Chemical Seminar
CVS, MHS, DNDN, ISRG at Lazard Capital Healthcare Conference
HON, GNK, CSR, URI at Oppenheimer & Co. Industrials Conference
EMN Investor Day
PAET, ACN, EPIQ at Wachovia Midwest Tech & Telecom Investor Day
RYL, BZH, HOV at UBS Building and Building Products Conference
PENN, EGT at Deutsche Bank Securities G2E Gaming Investment Forum
FLEX Mid-Year Business Update Meeting for Analyst and Investors
NXY, LXS at Bank of America Merrill Lynch Small & Mid Cap Conference
THOR Investor Meeting to Review HeartMate II Destination Therapy Trial Data
Wednesday, November 18
Economics
08:30 Housing Starts 599k cons.
08:30 Building Permits 580k cons.
08:30 CPI 0.2% cons.
08:30 Core CPI 0.1% cons.
10:30 Crude Inventories
Earnings
Before: BJ, CHS, CSUN, LDK, PERY, SOLF
After: CYBX, DCI, GYMB, HOTT, JACK, LTD, NTAP, NTES, PETM, PVH, WGOV
Events
NBR, SD at UBS Energy Mini-Conference
CCOI, ABVT, PAET, RAX at Thomas Weisel Partners Emerging Communications Conference
EPD at RBC Energy Conference
AerCap Holdings Investor Meeting
MYE, MWA, UTX, GE at Oppenheimer & Co. Industrials Conference
MAS, PHM, MTH, TOL at UBS Building and Building Products Conference
HERO, NBL, XOM, DVR at Bank of America Securities Energy Conference
GWR, AAWW, CNW, JBHT at Stephens Fall Investment Conference
ONXX, XRAY, MYGN, HGSI at Lazard Capital Healthcare Conference
CSC Analyst Meetings
SLXP Analyst Meeting
GWW Analyst Meeting
ALTH, ARIA at Windhover Information Therapeutic Area Partnerships Conference
MSFT Analyst Briefing at the Microsoft Professional Developers Conference
MTA, UMG, VMED, NICE at Morgan Stanley TMT Conference
Thursday, November 19
Economics
08:30 Initial Claims
08:30 Continuing Claims
10:00 Leading Indicators 0.4% cons.
10:00 Philadelphia Fed 10.8 cons.
Earnings
Before: BONT, PLCE, CMED, CIT, DKS, GME, PDCO, ROST, SBH, SHLD, SI, SMRT, STP, BKE, TSL, TWB
After: ARUN, DELL, DBRN, FL, GPS, INTU, WTSLA, ZUMZ
Speeches
04:45 Richard Fisher
Events
MDRX, EVVV at Citi Healthcare Conference
ASML at Morgan Stanley TMT Conference
POWI at Sidoti & Company New York Emerging Growth Institutional Investor Forum
SNN Institutional Investor and Analyst Conference
WAG, CAKE, ADM, BJ at Morgan Stanley Global Consumer & Retail Conference
VRSN Analyst Day
SLF Investor Day
MRO Analyst Meeting
AMSC Analyst Meeting
HPY, AXP, MA, WXS at Janney Montgomery Electronic Scott Payments Summit
URS, ES, BKR, FWLT at Keybanc Capital Markets Engineering & Construction Conference
RPBC, GIGA, CWST, AWK at Wall Street Analyst Forum
SNDK, OMX, TOL, ATHN at Citi Small/Mid Cap Conference
ETH Investor Conference
NED, COGO, ATV, CBAK at Brean Murray, Carret & Co., Inc China Growth Conference
MHS at Sanford C. Bernstein & Biosimilars Conference
IBM at JMP Securities Cloud Computing Conference
ERF Investor Presentation
CLI at NYU Capital Markets in Real Estate Conference
XTEX, XTXI, LINR, PVR at RBC Capital Markets MLP Conference
PSE at RBC Energy Conference
Friday, November 20
Economics
Earnings
Before : CRMT, ANN, DHI, SJM,
After:
Speeches
08:00 Charles Plosser
Events
November Options Expiration
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