Trading And Investing Intelligence For The Week Of February 7, 2012.

[ 0 ] February 3, 2012 |

Always remember this quote:

” There is only One Reason you buy a stock and that is to SELL it” Fred W. Lange

WAB Report.

Next week we have a rate decision from the European Central Bank (ECB) and it is widely expected that they will keep their benchmark rate unchanged at 1.00%. There is also a similar release from the Bank of England, and it is anticipated that they will make no changes to their asset purchases.

There has also been talk that a deal might get done in Greece, but that’s unlikely given that officials have been stating for the past three weeks that a deal was “days away.” The resolution of what the ECB will do with its Greek debt holdings is still undecided, so the odds of a deal getting done next week are slim. It is likely, however, that we’ll make progress toward the mid-February deadline that has been announced by a number of officials. If a Greek deal does get done, the initial reaction will likely be muted.

Economic reports will be light after the monster jobs report on Friday. Consumer credit and the University of Michigan’s Confidence statement will be two reports to key in on. The main question still remains: Do the bulls still have the momentum to carry through until Monday?

Key earnings reports include Visa (V), PepsiCo (PEP), BP (BP), Walt Disney (DIS), and Yum Brands (YUM).

Monday, February 6

US Economics
No major reports scheduled
11:30 US to sell $33b in 3-month, $31b 6-month bills

Global Economics
00:30 AUD Retail Sales
11:00 EUR German Factory Orders
15:00 CAD Ivey PMI
21:45 NZD Average Hourly Earnings
9:00 France to sell EU2.2b 364-day, EU2.1b 182-day, EU4.2b 91-day bills

Earnings
Before: ATRO, BWP, CYOU, CAN, GSM, HAS, HCA, HUM, LAZ, L, MCY, NNN, NLSN, GOLD, SOHU, SYY, TW, UDR, USAK, USG
After: ADVS, AGNC, AMLN, APC, AHL, BMI, RATE, BRE, CBM, CSTR, CRK, DNB, FN, GHDX, GBCD, IEX, IPHS, KNXA, KFN, LDR, LEG, LNCR, LMNX, NCR, OTTR, OMI, PKY, PRE, PXD, PMCS, PPS, RBC, SXT, SREV, SPF, SUN, TMK, UNM, VECO, VSAT, VMC, YUM

Tuesday, February 7

US Economics
10:00 IBD/TIPP Economic Optimism – consensus 47.1
10:00 JOLTS Job Openings
3:00 Consumer Credit – consensus $7.00B
11:00 Fed to purchase $4.25b-$5b in 6 to 7-year notes
11:30 U.S. to sell 4-week bills, $26b 52-week bills
1:00 U.S. to sell $32b 3-yr notes

Global Economics
03:30 AUD Reserve Bank of Australia Rate Decision
05:00 JPY Leading Index
11:00 EUR German Industrial Production
23:50 JPY Trade Balance
6:00 Greece to sell EU625m 182-day bills

Earnings
Before: AGCO, AMRI, ALLT, MT, BDX, BLC, BP, BR, CNC, CHD, KO, CFX, CVG, DST, EMR, IT, GET, GTIV, GLT, HAR, LRN, KNL, LIOX, LFUS, LPX, MMP, MMYT, MLM, MNI, MLI, NJR, CHUX, OHI, PTRY, PRGO, PIKE, RTI, SMG, SWI, STE, SSYS, TM, TDG, UBS, VSH
After: ARE, ASYS, ATO, AVNR, AVID, AXS, BBCN, BWLD, CALX, CBG, CERN, CDXS, CMP, EXBD, CSGS, DEI, ETM, ENV, ESE, FORM, FWRD, GLUU, GUID, HIG, HCSG, ONE, HIW, HNI, HMN, HRZN, IMI, JIVE, KFRC, LTRE, LIFE, LNC, LPLA, MXL, NTGR, OPEN, OPNT, OPXT, PACB, PNRA, PTP, POWL, PRI, PULS, QUIK, RAH, RNR, RENT, MKTG, RICK, SGI, SVM, SLH, SNCR, TMH, TTMI, ULTI, USNA, VCLK, WNC, DIS, WCN, WU

Wednesday, February 8

US Economics
07:00 MBA Mortgage Purchase Index
11:30 U.S. to $24b in 10-yr notes

Global Economics
06:45 CHF Unemployment Rate
07:00 EUR German Trade Balance
13:15 CAD Housing Starts
21:45 NZD Unemployment Rate
23:50 JPY Machine Orders
5:15 Germany to sell add’l EU4b 5-yr notes

Earnings
Before: AGU, ALR, AMSC, BUD, AINV, AIV, AUO, CAE, CTSH, CSC, CGX, CVH, CRIS, CVS, CYS, ELN, EZCH, GWR, GRC, HBI, HGG, HDY, IR, ICE, LVLT, MCO, PMT, RL, PLD, RVSN, ROLL, RAI, SBGI, S, TIN, JNY, TWX, GTS, UMC, VICL, VPG, VTNC, WXS, WYN
After: ARAY, AFFX, AKAM, UHAL, ANDE, ARRS, ATML, BMR, BDN, CALD, CARB, CBL, CIM, KH, CINF, CSCO, CXW, CVA, DIOD, CVOX, ENS, EFX, RE, FEIC, FNF, FLT, FMC, FBN, GGP, BGC, GIL, GCOM, GPRE, GRPN, HGR, ILMN, IM, IRBT, KIM, KRG, LGF, LOOP, MTRX, MTD, NANO, NWSA, NWPA, ORLY, ONNN, OSUR, PNG, PAA, PSEC, PRU, RA, RRTS, SGMO, SCSS, SCI, SPTN, SPSC, SPRT, TCO, THOR, TWTC, TRIP, TQNT, TBI, VLNC, V, WPRT, WFM

Thursday, February 9

US Economics
08:30 Initial Jobless Claims – consensus 370K
08:30 Continuing Claims – consensus 3535K
10:00 Wholesale Inventories
1:00 U.S. to sell $16b 30-yr notes

Global Economics
01:30 CNY PPI
05:00 JPY Consumer Confidence
09:30 GBP Industrial Production
12:00 GBP BoE Asset Purchase Target
12:45 EUR ECB Rate Decision
15:00 GBP NIESR GDP
21:45 NZD NZ Retail Card Spending

Earnings
Before: ARX, AGYS, ALXN, BCE, BECN, BDC, BG, CBOE, CHOP, MY, CCE, CPO, OFC, DNKN, ENER, NPO, EPM, FORR, GLCH, GPI, HPY, HERO, IPSU, IPCC, IRC, IFF, KKR, LO, LUFK, CLI, MFC, MTOX, MPEL, MNTA, NBL, OZM, PACR, PMTI, PEP, PM, PNX, PDS, PBH, O, SNI, SEE, SQNS, SHPGY, SIAL, SIRI, SON, SPR, ELOS, TKLC, TDC, TRI
After: ATVI, ALIM, ALNY, ASEI, AMKR, ATR, BJRI, BKH, BRKS, CCJ, CBB, CGNX, DCT, PROJ, DMND, DX, ELON, ECPG, ENH, XIDE, EXPE, FALC, FFG, GDI, HOKU, HME, IMPV, JOEZ, KONA, LF, LNKD, MNKD, MPWR, MRH, MOVE, UEPS, NBIX, NUAN, NXPI, PMC, PBI, PRO, PL, RENN, RSG, PER, SWIR, STMP, TRGT, THRX, TRLG, XL, XOXO

Friday, February 10

US Economics
08:30 Trade Balance – consensus -$48.5B
09:55 University of Michigan Confidence – consensus 74.0
2:00 Monthly Budget Statement – consensus -$52.5B

Global Economics
00:30 AUD Reserve Bank Board Statement on Monetary Policy
07:00 EUR German CPI
08:15 CHF CPI
09:30 GBP PPI

Earnings
Before: ALU, AB, LNT, APO, ACI, BPO, BPL, CPN, CEG, FLIR, FLO, IPGP, LH, LNCE, NYX, PPL, THS, YRCW

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Category: Lange Financial Services, Markets and Trading