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

[video] Quick Take: Apple Begins Busy Earnings Week

NEW YORK ( TheStreet) --  Apple (AAPL) will report fiscal fourth-quarter earnings after the close on Monday. The report will include the company's first week of sales for its new iPhone 5C and 5S. 

The tech titan also raised its guidance to the higher end of its previous range, which called for sales between $34 billion to $37 billion. 

On Tuesday morning, the producer price index (PPI) will be released for the month of September, along with the consumer confidence data for the month of October.

Also on Tuesday morning, Pfizer (PFE), JetBlue (JBLU) and U.S. Steel (X) will report earnings. LinkedIn (LNKD) is scheduled to report after the close. 

General Motors (GM) is scheduled to report on Wednesday morning, followed by Facebook (FB) after the close. The social media leader will try and build on its momentum from last quarter where mobile growth kickstarted a major run higher for share prices.  

On Thursday the Chicago purchasing managers' index data will be released and Starbucks (SBUX) will announce its earnings results. Analysts are looking for 60 cents per share from the coffee giant, 14 cents per share higher than the same period last year. 

Starbucks has topped analysts' expectations in seven of the previous eight quarters.

-- Written by Bret Kenwell in Petoskey, Mich.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein'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
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $126.34 -1.80%
FB $77.65 -1.50%
GOOG $532.69 -1.50%
TSLA $233.22 1.20%
YHOO $41.28 -1.80%

Markets

DOW 17,926.30 -144.10 -0.80%
S&P 500 2,088.64 -25.85 -1.22%
NASDAQ 4,936.97 -79.9590 -1.59%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs