April 26, 2015 The Week Ahead
April 26, 2015 The Week Ahead
The S&P 500 and other major indices continue to surge higher. The NASDAQ, closed the week at an all-time high and the VIX is at yearly lows (closing at this year’s lows).
This upcoming week is jam-packed with earnings and economic headlines. On the earnings front, we have heavy hitters like Exxon Mobil and Apple reporting. Thus far, we’ve had about 40% of the earnings complete. For the most part, they’ve been relatively lackluster; however, the market has shrugged off any bad news.
Key economic data includes GDP and the FOMC Announcement.
We’ve got enough data and earnings coming out to really push this market. It will either continue to move higher or we could have some hiccups along the way. So far this year, the VIX has not hung out in the 12 range for too long. Will this continue to be the case or is market volatility going to continue to be non-existent?
Here’s what’s on the schedule.
Key Economic Data:
29 April 2015- GDP 8:30 AM ET, FOMC Meeting Announcement 2:00 PM ET
30 April 2015- Jobless Claims 8:30 AM ET, Personal Income and Outlays 8:30 AM ET
01 MAY 2015- ISM Manufacturing Index 10:00 AM ET
Key Earnings:
27 April 2015- AGNC, AMKR, AAPL, ABX, CHRW, CDNS, CYOU, TCS, CTS, BPOP, SOHU, SWFT
28 April 2015- AET, AFL, AKS, AKAM, ALLY, AMCC, BLDP, SAN, BSX, BWLD, CRUS, CIT, CLF, CNX, DHT, GLW, ESRX, F, GNW, GPRO, GPRE, JBLU, KB, KRFT, LXK, LOGM, MAS, MRK, PNRA, PFE, RRC, SIRI, SVU, TMUS, TWTR, SLCA, UPS, X, VLO, WDC, WWW, WYN, ZOOM, AUY, YNDX
29 April 2015- ADT, AMC, ASH, AVG, BIDU, BGCP, SAM, CCJ, CNW, ESV, FLEX, BEN, GLUU, GRUB, HERO, HES, HLT, HUM, IP, JBT, STAR, LOCK, LVLT, LNCO, LINE, LL, MAC, MAR, MA, MDLZ, MUR, NSR, NEE, NE, NSC, NOC, NXPI, OCR, PX, QUIK, SFLY, SAVE, HOT, TWX, WM, WMB, YELP
30 April 2015- APD, ANR, AIG, AMT, AVP, ADP, AWI, BZH, BMRN, BCOR, BYD, BCOV, BWA, CAH, CELG, CI, CME, COP, DWA, EXPE, XOM, FEYE, FSLR, HUN, IMAX, INCY, JDSU, LLL, NI, PWE, PSX, PF, POT, PSA, RKUS, SNN, STRZA, SPN, TASR, TER, TEVA,TWC, VALE, VIAB, VA, V, WU, WWE,
01 MAY 2015- CBOE, CVX, CVS, CTB, CLX, DUK, MSG, WY, WETF