Quick Take: This Week in the Market
NEW YORK (TheStreet) -- Although last week certainly had some earnings movers, this week is sure to be active, with 30% of the S&P 500 set to report. Providing us with a rundown are TheStreet's Brittany Umar, Lindsay Bell and Andrew Krill.
Although
McDonald's
(MCD) - Get Report
kicked off earnings on Monday,
Netflix
(NFLX) - Get Report
and
Texas Instruments
(TXN) - Get Report
will certainly keep it interesting after the bell.
Tuesday doesn't slow down much, with
Wendy's
(WEN) - Get Report
and
Freeport-McMoRan
(FCX) - Get Report
reporting in the morning.
Perhaps the biggest report on Tuesday will be after the bell, with
Apple
TICKER TYPE="EQUITY" SYMBOL="AAPL"/> announcing its quarterly results. Analysts are expecting a year-over-year decline in profits with flat revenues.
AT&T
(T) - Get Report
also will report after the close.
The morning will be busy come Wednesday, with
PepsiCo
(PEP) - Get Report
,
Boeing
(BA) - Get Report
,
Caterpillar
(CAT) - Get Report
and
Ford
(F) - Get Report
all reporting before the bell.
With
Baidu
(BIDU) - Get Report
and
(FB) - Get Report
after the bell, Wednesday is sure to remain hectic.
Thursday will also be active in the morning, with four more big names reporting:
General Motors
(GM) - Get Report
,
Under Armour
(UA) - Get Report
,
3M Company
(MMM) - Get Report
and
Dunkin Brands
(DNKN) - Get Report
.
Starbucks
(SBUX) - Get Report
and
Zynga
(ZNGA) - Get Report
will report after the bell and cap a rather busy week.
On Friday morning, investors will see the Michigan Consumer Confidence report for the month of June. As of now, economists expect a reading of 84, vs. a reading of 83.9 for the month of May.
-- 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.