The Week Ahead on Wall Street

The Week Ahead on Wall Street

The Week Ahead on Wall Street

$HD, $CSCO, $WMT

Earnings season is winding down; 23 members of the S&P 500 are scheduled to report to Wall Street this week.

3 DJIA components are included: Home Depot (NYSE:HD) Tuesday, Cisco Systems (NASDAQ:CSCO) Wednesday, and Wal-Mart Stores (NYSE:WMT) Thursday.

Economic Reports

The week’s 1st economic reports of note will be the May Empire State manufacturing survey and the May housing market index, both of which will be released Monday.

Tuesday will feature the April Consumer Price Index (CPI), April housing starts and building permits, and April industrial production and capacity utilization.

The mins from last month’s Federal Open Market Committee (FOMC) meeting will be released to Wall Street Wednesday.

Thursday features the Philadelphia Federal Reserve’s May business outlook survey, and

April existing home sales will be released Friday.

Fed Speak

3 US Fed officials will make public appearances: Minneapolis President Neel Kashkari Monday, and San Francisco President John Williams and Dallas President Robert Kaplan Tuesday.

US Treasury Actions

The US Treasury Department will auction $11-B of 10-year Treasury Inflation-Protected Securities (TIPS) Thursday.

Have a terrific week.

Paul Ebeling

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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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