Tuesday, February 19, 2008

What to Watch for This Week

Economic Data:
Wednesday:
January CPI - up 0.4% (market was looking for 0.3%)
January Core CPI (excluding food and energy) - up 0.3% (market was looking for 0.2%)
January Housing Starts - 1012K, up from 1004K last month (market was looking for 1015K = essentially an "in-line" report)
January Building Permits - 1048K, down from 1080K last month (market was looking for 1040K)

Thursday: Initial Jobless Claims (last week = 348K; market expects 345K tomorrow)








Earnings Reports:
Tuesday: Crocs, Hewlett-Packard, Medco Health Solutions, Medtronic, Office Max, Ultra Petroleum, Wal-Mart, Whole Foods, and Zix (this one's for you, Rod)
Wednesday: Garmin, Inverness Medical Innovations (Jim Cramer loves this one), and Transocean
Thursday: Barrick Gold, JCPenney, and Newmont Mining
Friday: Calgon Carbon and Nicor Gas

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As of 02/26/08

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