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2/18/18
Thomas Thornton

The Week Ahead - Key Events and Focus


A holiday shortened week has another light week of earnings and economic reports.  The two earnings reports that will get the most attention will be Tuesday before the bell - Home Depot and Walmart.  Economic reports will be light in the US while Wednesday's Fed Minutes midday will be something people will pay attention to considering last weeks CPI inflation report.  On Thursday, the ECB minutes will be released and should be picked over too.   

Bullish sentiment for the S&P a week from last Thursday hit 9% and this week it increased to 52% on Thursday and ended the week at 46%.  My thought that bullish sentiment would increase to the midpoint 50% was achieved after 6 straight up days.  The lower high bounce scenario is still intact and we should see some stalling out this week and perhaps some concerns about the Fed with Wednesday's minutes.  I hope to put out a short note tomorrow.  Thanks to all the watched the webinar.  We are going to do more in the future - shorter and more focused on specific topics or markets.  Here's the link if you didn't get a chance to watch.  


Have a great week and thank you for all your support.   

Earnings, Conferences, Economic Reports

    Monday 19-Feb:
    • Holiday: US President's Day - Markets closed
    • Corporate:
        Earnings:
        • Post-close: MOS, SPN
    Tuesday 20-Feb:
      Corporate:
        Earnings:
        • Pre-open: HD, WMT, MDT, MGM, ECL, NBL, DPZ, HSIC, EXPD, GPC, SIX, KAR, CBRL, DIN, ALLE, TPH,
        • Post-close: DVN, RIG, CXO, FLR, VRSK, TXRH, CBI, NFX, BYD, LC, RCII, LZB, HVT
        Brokerage Conferences:
        • Barclays Industrial
      • Analyst Meeting: TSCO, SCI
      Economic:
      • Europe: UK CBI industrial trends order (Feb)Germany ZEW Index (Feb)
    Wednesday 21-Feb:
      Corporate:
        Earnings:
        • Pre-open: DISH, AAP, GRMN, OC, UTHR, SLCA, MDR, HFC, WWW, TTS, RUTH,
        • Post-close: P, CAR, CAKE, HST, WEN, WLL, JACK, CLR, SM, TRN, NE, ANSS, PODD, GPOR, WPX, PE, SNPS, TYL, VMI, LOPE, GDOT, SD, PRAH, MTDR, SRCI, FTI.FP, SPTN,
        Brokerage Conferences:
        • Jefferies Cybersecurity
        • Barclays Industrial Select
        • Royal Bank of Canada Health Care
        • Citi Global Industrials
      • Analyst Meeting: DIN, NGVT, TROW
      Economic:
      • US: Flash PMI (Feb), Existing home sales (Jan), FOMC meeting minutes from 31-Jan
      • Europe: Euro-Zone Flash PMI (Feb), Germany Flash PMI (Feb),
      • Asia: Japan Markit PMI (Feb)
    Thursday 22-Feb:
      Corporate:
        Earnings:
        • Pre-open: APA, TPX, W, PWR, SFM, WIN, LDOS, CCOI, MGA, DNR, BLMN, GIL.CN, TTC,
        • Post-close: HPQ, BMRN, MELI, HPE, BJRI, OII, RRGB, GDDY, PLNT, NDSN, ZOES, WK, HRL,
        Brokerage Conferences:
        • Barclays Industrial Select
        • Gabelli & Company Valve & Water Systems
        • Royal Bank of Canada Health Care
        • Citi Global Industrials
      • Analyst Meeting: ABX.CN
      • IPO: ARIX.LN, ONCO.SS
      Economic:
      • Europe: Germany IFO Business climate (Feb); ECB meeting minutes; UK GDP Q4 2nd, CBI (Feb)
    Friday 23-Feb:
      Corporate:
        Earnings:
        • Pre-open: COG, CNK, LPNT, KBR, PBPB,
      • PDUFA JMAT.LN, KMPH
      Economic:
      • Europe: Euro-zone CPI (Jan); Germany GDP Q4 final,
      • Asia: Japan Core CPI (Jan)


 


Any comments, suggestions, or questions - please email info@hedgefundtelemetry.com
Occasionally, an earnings report date could change, or could be incorrect. We rely on various sources including Street Account, Factset, and Bloomberg to compile this report.    

 

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