The Week Ahead on Wall Street

The Week Ahead on Wall Street

The Week Ahead on Wall Street


Earnings season will pick up this week as 11 members of the DJIA are scheduled to report: International Business Machines (NYSE:IBM) Monday

Goldman Sachs Group (NYSE:GS), Intel Corp. (NASDAQ:INTC), Johnson & Johnson (NYSE:JNJ) and UnitedHealth Group (NYSE:UNH) Tuesday

American Express Co. (NYSE:AXP) Wednesday;

Microsoft Corp. (NASDAQ:MSFT), Travelers Companies (TRV) and Verizon Communications (VZ) Thursday

General Electric Co. (NYSE:GE) and McDonald’s Corp. (NYSE:MCD) on Friday.

Joining them will be nearly 60 other members of the S&P 500.


Economic Reports

The week’s 1st economic reports of note will be the October Empire State manufacturing survey and September industrial production, both released to Wall Street Monday.

Tuesday features the September Consumer Price Index (CPI) and the October housing market index.

September housing starts and building permits, along with the periodic Beige Book, will be released Wednesday.

Thursday will feature the Philadelphia Federal Reserve’s October business outlook survey and September existing home sales.


Fed Speak

This week 3 US Fed officials will make public speaking appearances: Vice Chairman Stanley Fischer Monday, San Francisco President John Williams Wednesday and New York President William Dudley Thursday.


US Treasury Action

The Treasury Department will auction $12-M of 30-year inflation protected securities (TIPS) Thursday.

Have a terrific week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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