Sunday, February 10, 2008

What to Watch for This Week

Economic Data:
Wednesday: Retail Sales
Thursday: Initial Jobless Claims
Friday: Industrial Production Numbers

Earnings Reports:
Tuesday: Credit Suisse (financial),
XTO Energy (energy),
General Motors (auto)

Wednesday: Agrium (agriculture),
Baidu (tech),
Genzyme (biotech),
Rio Tinto (mining/minerals),
Coca-Cola (beverage/consumer staple),
Nvidia (semiconductor/chip),
First Solar (alternative energy/solar)

Thursday: Comcast (telecom)

Friday: Abercrombie & Fitch (retail)


Other:
Monday: The Fed will auction off $30B using their 28-day Term Auction Facility to provide more liquidity to struggling banks - pay attention to the interest rate and demand for this debt.

Thursday: Fed Chairman Ben Bernanke will give his testimony about the economy and financial markets - listen to what he has to say about inflation and growth prospects for this year.

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As of 02/26/08

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