Friday, May 15, 2009

Economic Data Calendar - Next Week

As always, on Friday morning I look over my portfolio and evaluate things. This weeks wasn't so great, but like most weeks, there aren't many changes I'd like to make. I did up my holdings in BGU which is the ETF for 3X Long Large Cap Stocks. It may fluctuate greatly over the next couple months, but in the long run it will pay off 3 times as much as the overall market. That is of course if there is not a 2700 point drop in the dow, which could be quite risky for this ETF. The next thing I do after evaluating my portfolio is I look at what is to come next week. Next week is probably going to be rather uninteresting on a macro level, however there are some pretty important companies reporting earnings. Here is the Economic Data Calendar for Next week:

- May 19 8:30 AM Building Permits
- May 19 8:30 AM Housing Starts
- May 20 10:30 AM Crude Inventories-
- May 20 10:35 AM Crude Inventories
- May 20 2:00 PM FOMC Minutes
- May 21 8:30 AM Initial Claims
- May 21 10:00 AM Leading Indicators
- May 21 10:00 AM Philadelphia Fed

Tuesday's Housing starts and Building Permits data should be inetresting, and has the potential to move the markets. What abotu Earnings? Here are some of the companies reporting next week:

Dick's Sporting Goods, Inc. - Tuesday
Hewlett-Packard - Tuesday
Home Depot Inc - Tuesday
Vodafone Group PLC - Tuesday
BJ's Wholesale Club - Wednesday
PetSmart - Wednesday
Target Ibnc - Wednesday
Aeropostale, Inc. - Thursday
Barnes and Noble - Thursday, Inc. - Thursday
British Airways - Friday

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