NEW YORK (TheStreet) -- Earnings season shifts to a focus on consumer spending at several retail-oriented companies. In between Tuesday's four companies reporting before the bell and the two reporting after the closing bell, we'll hear from the Conference Board.
Their reading of consumer confidence should rise to 83.0 in February according to a consensus from economists, up from a January reading of 80.7. Keep in mind that a normal or neutral zone for confidence is between 90 and 110 and all readings since 2007 have been below these thresholds.
Home Depot (HD) earnings report should reflect a strong push on snow removal equipment and we'll see how the retailer may have profited from moving removal equipment.
For Macy's (M) we'll watch to see whether or not the snow storms kept shoppers at home, and how cold weather garment sales fared.
Will Toll Brothers (TOL) blame the weather for slowing single-family housing starts? Wednesday morning the focus will be on New Home Sales for January and economists project that sales will come in at a 400,000 annual pace.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV