July 19, 2015 The Week Ahead
July 19, 2015 The Week Ahead
The S&P 500 ended Friday’s action not too far off yearly highs. The Greek drama appears to be under control, and the sell off in the Chinese market has cooled off.
With that said, the focus is now on earnings. On Thursday evening, Google announced their earnings, with an unexpected positive response from Wall Street. The stock gained more than 16%, helping the NASDAQ hit an all-time high.
Heading into next week, we have a ton of earnings. Companies reporting include Apple, Starbucks, IBM, Microsoft, Coca-Cola, and a whole bunch more.
With the economic data being slow, earnings will take center stage.
Here’s what’s on the schedule:
Key Economic Data:
22 July 2015- Existing Home Sales 10:00 AM ET
23 July 2015- Jobless Claims 8:30 AM ET
24 July 2015- New Home Sales 10:00 AM ET
Key Earnings:
20 July 2015- HAL, HAS, MS, IBM, INFY, STLD
21 July 2015- AMTD, HOG, LXK, NVS, PNR, RF, SAP, UTX, VZ, AAPL, CMG, FTI, GPRO, HAWK, IRBT, LLTC, MSFT, VMW, YAHOO
22 July 2015- ABT, AN, ARMH, BA, EMC, IPG, KO, STJ, AF, CAKE, CRUS, DFS, FFIV, FTNT, INFN, QCOM, SNDK, TXN, XLNX
23 July 2015- BMY, CAB, CAT, CMCSA, DAN, DHR, DNKN, DOW, DPS, FCX, GM, KMB, LAZ, LLY, LUV, MCD, MJN, NDAQ, NUE, PENN, PTEN, SHPG, SYT, UA, UNP, USG, WM AMZN, FSL, JNPR, P, QLIK, TRIP, SWKS, SBUX
24 July 2015- ABBV, B, BIIB, JCI