April 10, 2016 The Week Ahead
The S&P 500 finished the week lower, however; we’re only 1.32% off our yearly highs heading into earnings season. With that said, several names in the financial sector will be reporting. This includes JPMorgan, Wells Fargo, Bank of America, and Citi to name a few.
The VIX closed the week more than two points higher from last Friday, at 15.36. It didn’t stick in the 13-range for too long.
Crude oil finished the week higher, more than 6% as they inch back near $40 per barrel. Part of the help came from the EIA Petroleum numbers, which indicated greater than expected draws in supply.
Here’s what’s on tap for this week coming up…
Key Economic Data:
13 April 2016- Retail Sales 8:30 AM ET, PPI-FD 8:30 AM ET, EIA Petroleum Status Report 10:30 AM ET
14 April 2016- Consumer Price Index 8:30 AM ET, Jobless Claims 8:30 AM ET
15 April 2016- Industrial Production 9:15 AM ET
Key Earnings:
11 April 2016- AA
12 April 2016- FAST, CSX, ADTN
13 April 2016- JPM, PIR
14 April 2016- BAC, BLK, DAL, PGR, TSM, WFC, AMD, CHKE
15 April 2016- C, RF, SCHW