Monday
Earnings Announcements: Haliburton (HAL), Texas Instruments (TXN)
Tuesday
Earnings Announcements: Caterpillar (CAT), Coca Cola (KO), Merck (MRK), Apple (AAPL), Yahoo (YHOO)
Wednesday
Earnings Announcement: Altria (MO), Boeing (BA), Eli Lilly (LLY), Morgan Stanley (MS), Pepsi (PEP), Pfizer (PFE), Whirlpool (WHR), EBay (EBAY)
Thursday
Economic Report: Existing Home Sales
The Existing Home Sales report for June is expected to show another strong month of sales. As I have mentioned in this space before, falling home prices and a glut of foreclosures are increasing sales, but average prices continue to fall.
Earnings Announcement: 3M (MMM), AT&T (T), Ford (F), McDonalds (MCD), Philip Morris (PM), Bristol Myers Squibb (BMY), Amazon (AMZN), Microsoft (MSFT)
Friday
Economic Reports: Michigan Sentiment
The revised Michigan Sentiment report is not expected to change since the preliminary report. I expect the report to show a slight increase. The market hasn’t been doing as bad lately, and job losses have eased a bit. This should cause a very slight improvement in the reading.
Respectfully,
Christian Hill
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I just wanted to thank you very much for this illuminating article. I have already bookmarked your site, when I have more free time I am going to have to do some further reading. Well back to my dreaming of Panama or back to the books - I wonder which one is going to win out.