MILLBURN, N.J. (Stockpickr) -- Spring is here, the birds are chirping, and we are about to embark on another earnings season. But I expect this earnings season to stray slightly from the usual path. Instead of the usual focus on financial companies -- which I still expect to deliver improvements -- I anticipate that this earnings season, the economic recovery will expand to consumer and industrial companies.That said, let's take a peek ahead at the next few weeks of earnings reports to see what we should anticipate. Materials Industrial demand is coming back. Metal and material commodity prices are rising. Whether it is aluminum and steel for aircraft and cars or copper for pipes and tubing, there are certain to be opportunities in this sector both for the suppliers and producers and for those using the commodities. For the suppliers and producers, we could finally see some encouraging results. On a relative basis, improvements for cyclical steel producers such as United States Steel ( X - Get Report) and perennial aluminum producing laggards such as Alcoa ( AA - Get Report) are expected. Alcoa, the traditional grand marshal of the earnings parade, reported after the close today, meeting analyst expectations with EPS of 10 cents excluding nonrecurring charges. Sales for U.S. Steel are expected to increase, and losses are expected to improve thanks to the improvement in auto manufacturing. Copper prices have soared due to increasing demand from China and to a lesser extent the U.S. as industrial activity has begun to sprout some green shoots. Earnings and sales for Freeport-McMoRan Copper and Gold ( FCX - Get Report) are expected to surge. >> Who Owns Freeport?: Ken Fisher User demand in the materials market is on the upswing. While Boeing ( BA - Get Report) recently announced that commercial aircraft delivery declined in the first quarter of 2010 vs. the same quarter in 2009, the company is gearing up for production of its 787 Dreamliner after a successful test flight in the fourth quarter of 2009. The real end user darling is Ford Motor ( F - Get Report), which has increased sales and market share. The entire industry has also seen a rebound in sales. >> Who Owns Boeing?: Atticus Capital Retail Shift As I wrote in February, the retail trade-down phenomenon is drawing to a close, and recent retail sales have supported this thesis.
Twitter and become a fan on Facebook.