Lots of earnings releases but here are some highlights
The US stocks are off to a solid start this week. with the S&P up about 0.50% and the Nasdaq up the same amount. Not a bad start.
In addition to macros events like N. Korea a potential apple cart tipper, we are in the earning calendar season again. According to Yahoo Finance, there are some 1200 scheduled earnings releases this week. Here are some of the major releases.
The consensus for the earnings this quarter is looking for a +9.2% YoY earnings growth. Analysts expect that S&P 500 companies with higher global revenue exposure should outperform companies that are more domestically focused.
Monday: Netflix (after close)
Tuesday: Goldman Sachs (before mkt open), Johnson and Johnson (before mkt open). Bank of America (before market), Yahoo! (after close)
Wednesday: eBay (after close), Morgan Stanley (before mkt open), American Express (after close), BlackRock (before market)
Thursday: Mattel (midday), Blackstone Group (before mkt. open), Visa (after close), Bank of NY Mellon (before mkt open), Phillip Morris (before mkt open).
Friday: Schlumberger (before mkt open), Honeywell (before mkt open)
There is no Facebook, Apple, Microsoft, or even Twitter. However, traders pay attention and surprises can turn buyers to sellers or visa versa.
