This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Data, Earnings to Watch: Quick Take

NEW YORK ( TheStreet) -- TheStreet's Brittany Umar, Jill Malandrino and Andrew Krill highlight some of the big announcements for this week ahead, with Umar noting that, "it's a big week of earnings for retail and food and beverage stocks."

Wednesday will be a mixed bagged, with Jack In The Box (JACK - Get Report), Cisco (CSCO - Get Report) , Deere (DE - Get Report) and Macy's (M - Get Report) expected to report earnings. Macy's investors are looking for the company to shed some light on the ongoing litigation with Martha Stewart and J.C. Penney (JCP - Get Report).

Krill will be watching Cisco and expects the company to report in-line results, with pressures on enterprise spending due to the sequester. Japanese first-quarter GDP will also be released, with a 70-basis-point increase expected.

Thursday features more retail companies, with J.C. Penney, Kohls (KSS), Nordstrom (NDSN) and Walmart (WMT) all set to report earnings. J.C. Penney investors will be focused on the turnaround story and what Mike Ullman, the new CEO, has to say with same-store sales falling 16% in a company pre-announcement.

Thursday also features Core CPI and CPI numbers from both the U.S. and Europe. U.S. housing starts will again be in focus as investors will look to see if April's momentum, which logged over 1 million starts, has carried over to May.


-- Written by Bret Kenwell in New York.

Bret Kenwell currently writes, blogs and also contributes to Rocco Pendola's Weekly Options Newsletter. Focuses on short- to intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CSCO $28.82 0.00%
DE $88.39 0.00%
JCP $8.41 0.00%
JACK $93.88 0.00%
M $66.99 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs