July 15th, 2007
The Week Ahead
The Economic Calendar is fairly active this week.
- PPI (Tuesday) – Look for my usual breakdown of the industries with pricing power
- Industrial Production (Tuesday) – Let’s see if businesses really are picking up steam
- CPI (Wednesday) – We know food costs more. What else does?
- Housing Starts (Wednesday) – Preview: They will be bad, and if not it will be bad news.
- Leading Indicators (Thursday)
The Earnings Calendar is going into overdrive this week. Some names I’ll be watching:
- Tata Consultancy Services (TCS) – What will they say on Monday about rising wages and currencies?
- Intel (INTC - Annual Report) – (Tuesday) – Estimates seem low enough. Margins will improve ex Flash.
- Yahoo! (YHOO) – (Tuesday) – Low expectations likely justified but perhaps rewarded.
- American Standard (ASD) – (Wednesday) – They are on my Large Cap Watch List (Track at Marketocracy) and they are on the move. They’re picking up momentum and I suspect they will top estimates.
- Silgan Holdings (SLGN - Annual Report) – (Wednesday) – They are on my Small Cap Watch List (Track at Marketocracy) and have been blowing estimates out of the water. This one seems like another beater to me.
- Advanced Micro Devices (AMD - Annual Report) – (Thursday) – Hard to see how it could get any worse, but if anyone can pull it off…
- Landstar System (LSTR - Annual Report) – (Thursday) – This is one of my favorite companies and is on both the Small Cap Watch List (Track at Marketocracy) and the Mid Cap Watch List (Track at Marketocracy). They are trading a touch higher than I would like, though.
- Google (GOOG - Annual Report) – (Thursday) – Numbers are set up for them to beat them. If they don’t beat by enough, however, the stock could still suffer.
- Sandisk (SNDK - Annual Report) – (Thursday) – Who knows?
- SAP (SAP - Annual Report) – (Thursday) – Shouldn’t be much to trade on, but they might say something nasty about Oracle (ORCL - Annual Report) to make listening to their call worthwhile.
- Tempur-Pedic (TPX) – (Thursday) This one also graces both the Small Cap Watch List (Track at Marketocracy) and the Mid Cap Watch List (Track at Marketocracy). Estimates have been rising but they will probably still beat them.
Keep on your toes!
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