ECONOMIC CALENDAR:
Monday Aug2, 10:00AM ET – ISM Manufacturing Index
Tuesday Aug3, 8:30AM ET – Personal Income
Tuesday Aug3, 10:00AM ET – Pending Home Sales
Friday Aug6, 8:30AM ET – Employment Report
EARNINGS:
Monday: Evergreen Solar (ESLR), Infospace (INSP), Oshkosh (OSK), VeriSign (VRSN)
Tuesday: Electronic Arts (ERTS), OfficeMax (OMS), Pfizer (PFE), Priceline (PCLN), Procter & Gamble (PG), Dow Chemical (DOW), Whole Foods Market (WFMI)
Wednesday: AOL (AOL), Garmin (GRMN), Jack in the Box (JACK), News Corporation (NWS), Owens Corning (OC), PG&E (PCG), Ralph Lauren (RL), Prudential Financial (PRU), Qwest Communications (Q), Toyota (TM)
Thursday: CIGNA (CI), Foster Wheeler (FWLT), Hansen Natural (HANS), Hyatt Hotels (H), Kraft Foods (KFT), MetroPCS (PCS), ValueClick (VCLK), Viacom (VIA), Walt Disney (DIS)
Friday: Evergreen Energy (EEE)
conshmillo 5:55 am on August 2, 2010 553 days ago Reply
Shanghai, London, futures all up. Looks like a strong open. Although I wish it to continue for the whole week, I can’t see where it could get fuel to do so. All 3 market indexes are at the overbought levels and we do not have that many earnings reports this week. Only what could drive it higher this week would be some positive economic reports. Monthly employment report on Friday will probably drive markets lower toward the end of the week.