NEW YORK ( TheStreet) -- Today, I am profiling six companies that report quarterly results either after the close today, pre-market, or after the close on Thursday or pre-market on Friday. Three are in the computer & technology sector, one is a sell-rated home builder in the construction sector, and two are in the retail-wholesale sector.
Last week we received two conflicting consumer related economic releases, one a positive for the labor market, the other a negative on consumer sentiment. Both charts shown are courtesy of "dshort - Advisor Perspectives."
On the labor front, we now have a positive trend for weekly initial jobless claims, where the four-week moving average has declined below the recessionary 350,000 threshold, to 346,750.
If this trend continues the unemployment rate should begin to fall towards the 6.5%
FOMC target, where QE3 and QE4 may begin to end. We will learn more about this from the FOMC this afternoon.