{+++}Goldman beat the number in a big way this morning and futures are lifting. Apple reports after the close today and the number should beat expectations as usual as earnings will be driven by the great success of the iPhone.
The dust seems to have settled for now after Friday’s Goldman shocker as stocks traded higher with some decent conviction yesterday.
There has been a fairly fast and furious correction in oils, materials and commodities in general, so that is the space I will be focusing on in the coming days.
I will post to the blog if anything presents itself.
Tuesday, April 20, 2010
Economic
16:30 API Crude Oil/Gasoline/Distillate Inventories
Events
Greek three-month bill auction. 07:45 ICSC/UBSW Chain Store Sales. 08:55 Redbook Retail Sales. ABC Consumer Confidence. Trades Ex-dividend: APA $0.15, RY $0.50.
Earnings
Before the Open: AOS, AKS, APH, ASTE, BK, BIIB, EAT, COH, KO, DAL, ETN, EVR, FRX, GS, HOG, IIVI, ITW, JEF, JNJ, JCI, JRN, LAB, MI, EDU, NTRS, NVS, OMC, PCAR, PH, RF, SNA, STT, SVU, AMTD, UNH, USB, USG, WFT, WWW. After the Close: ALTR, AAPL, BMI, CHE, CPTS, CREE, EW, FULT, GILD, HBHC, HOMB, IBKC, INFN, JNPR, MANH, MRTN, NBR, NUVA, OFG, PLXS, RUSHA, STX, TSFG, SYK, SNV, TPX, TSS, TUP, VASC, VMW, WCN, YHOO.