Monday, August 27, 2007

Weekly outlook. 27.8.

This week we have FOMC minutes and on Friday a lot economic news. From earnings I am looking at Indian game producer Shanda (SNDA) also IT outsourcing Computers Sciences (CSC) and OmniVision Technology (OVTI)


Monday
Economic: Existing Home Sales (5.70M)
Earnings: Computer Sciences (CSC), Shanda Interactive (SNDA)

Tuesday
Economic: Consumer Confidence (105), FOMC Minutes
Earnings: China Med (CMED), Corinthian (COCO), Sanderson (SAFM), Applied Signal (APSG), Dycom (DY), Semtech (SMTC), The9 Ltd (NCTY)

Wednesday
Economic: Weekly Crude
Earnings: Big Lots (BIG), Dollar Tree (DLTR), Energy Conversion (ENER), Joy Global (JOYG), Williams Sonoma (WSM), Chico’s (CHS), Citi Trends (CTRN), Net 1 UEPS (UEPS), TiVo (TIVO), Sigma Designs (SIGM)

Thursday
Economic: Weekly Claims (320K)
Earnings: Ciena (CIEN), Del Monte (DLM), Freddie Mac (FRE), H&R Block (HRB), Sears (SHLD), Tiffany (TIF), Vimpel (VIP), Dell (DELL), J Crew (JCG), OmniVision (OVTI), Open Text (OTEX)

Friday
Economic: GDP Prelim / Chain Deflator (4.1%, 2.7%), Inc & Spend (.3%, .4%), Core PCE (.2%), Chicago PMI (53), Factory Orders (.9%), Michigan (83)
Earnings: n/a

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