Weekly Newsletter January 20th - January 26th

Current Events: The holiday shortened week has not stopped the U.S. markets from continuing recent successes across all major indexes. Wall Street has clearly embraced the quarterly earnings announced to date by corporations as low expectations have been the root of pleasant surprises.

 What to Look for This Week

 Google and Apple are just a few of the technology savvy corporations that are set to report earnings this week along with the slew of companies from various other sectors and industries including the airlines, which have Delta, Southwest, and United Continental schedule to announce.

 News Affecting the Markets

The S&P 500 index posted its longest winning streak in nearly six weeks on Tuesday, backed heavily by favorable quarterly results from many popular corporations including the insurance giant Travelers.

Smart Investing

Invest in Your Career:  You will not be able to invest much for retirement if you don't have a job that pays well. If you're in a job that doesn't seem to have a bright future, maybe it's time to investigate what type of training or education you need to start a career with more of an up-side. Or if you're in a good career already, think about the steps you can take that will make you more valuable, and thus more likely to be earning raises and promotions. Think you have been doing well at work but have not received a raise lately? Consider asking for one, but do your homework first.

Earnings for the Week

 Monday: Eaton Corp (ETN)

Tuesday:  Advanced Micro Devices Inc (AMD) {After the Close}, Albemarle Corp (ALB) {After the Close}, Brinker International Inc (EAT), CA Inc (CA), CSX Corp (CSX) {After the Close}, Delta Air Lines Inc (DAL), E. I. du Pont de Nemours and Co (DD), Ethan Allen Interiors Inc (ETH) {After the Close}, Freeport-McMoRan Copper & Gold Inc (FCX), Google Inc (GOOG) {After the Close}, International Business Machines Corp (IBM) {After the Close}, International Game Technology (IGT) {After the Close}, Johnson & Johnson (JNJ), Kansas City Southern (KSU), Norfolk Southern Corp (NSC) {After the Close}, OMNOVA Solutions Inc (OMN), Packaging Corp of America (PKG), Regions Financial Corp (RF), Synovus Financial Corp (SNV), TD Ameritrade Holding Corp (AMTD), Texas Instruments Inc (TXN) {After the Close}, Total System Services Inc (TSS) {After the Close}, Travelers Companies Inc (TRV), Verizon Communications Inc (VZ), Waters Corp (WAT)

Wednesday: Abbott Laboratories (ABT), Air Products and Chemicals Inc (APD), Allegheny Technologies Inc (ATI), American Electric Power Company Inc (AEP), Apple Inc (AAPL) {After the Close}, Astoria Financial Corp (AF) {After the Close}, Baker Hughes Inc (BHI), Coach Inc (COH), General Dynamics Corp (GD), Jacobs Engineering Group Inc (JEC) {After the Close}, McDonald's Corp (MCD), Netflix Inc (NFLX) {After the Close}, Noble Corp (NE) {After the Close}, {After the Close}, (PX), SanDisk Corp (SNDK) {After the Close}, St. Jude Medical Inc (STJ), Stryker Corp (SYK) {After the Close}, Teradyne Inc (TER) {After the Close}, Textron Inc (TXT), United Rentals Inc (URI) {After the Close}, United Technologies Corp (UTX), US Airways Group Inc (LCC), WellPoint Inc (WLP), Western Digital Corp (WDC) {After the Close}

Thursday:  3M Co (MMM), AmerisourceBergen Corp (ABC), Amgen Inc (AMGN) {After the Close}, AT&T Inc (T), Baxter International Inc (BAX), Bristol-Myers Squibb Co (BMY), Brunswick Corp (BC), Covance Inc (CVD) {After the Close}, Cypress Semiconductor Corp (CY), Dover Corp (DOV), EQT Corp (EQT), Janus Capital Group Inc (JNS), KeyCorp (KEY), Knight Capital Group Inc (KCG), Lockheed Martin Corp (LMT), McCormick & Company Inc (MKC), Microsoft Corp (MSFT) {After the Close}, Precision Castparts Corp (PCP), Rambus Inc (RMBS) {After the Close}, Rayonier Inc (RYN), Raytheon Co (RTN), Southwest Airlines Co (LUV), Stanley Black & Decker Inc (SWK), Tempur-Pedic International Inc (TPX) {After the Close}, Union Pacific Corp (UNP), United Continental Holdings Inc (UAL), Xerox Corp (XRX)

Friday:  Covidien PLC (COV), Halliburton Co (HAL), Honeywell International Inc (HON), Kimberly-Clark Corp (KMB), Oshkosh Corp (OSK), Procter & Gamble Co (PG), Weyerhaeuser Co (WY)

* Earnings dates and times are subject to change

Economic Data this Week

Monday

No major announcements scheduled.

 

Tuesday

Existing Home Sales @ 10:00 AM for December (Act. = 4.94M, Prior = 4.99M)

 

Wednesday

MBA Mortgage Index @ 7:00 AM for 01/19 (Est. = n/a, Prior = 15.2%)

 Thursday

Initial Claims @ 8:30 AM for 01/19 (Est. = 355K to 365K, Prior = 335K)

Continuing Claims @ 8:30 AM for 01/12 (Est. = 3200K, Prior = 3214K)

Leading Indicators @ 10:00 AM for December (Est. = 0.5%, Prior = -0.2%)

Natural Gas Inventories @ 10:30 AM for 01/19 (Est. = n/a, Prior = -148)

Crude Inventories @ 11:00 PM for 01/19 (Est. = n/a, Prior = -0.951M)

 

Friday
New Home Sales @ 10:00 AM for December (Est. = 360K to 387K, Prior = 377K)