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The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.


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Tuesday, October 18, 2011

Wall Street Planner - 10-18-11

Wall Street planner

Tuesday’s Wall Street planner includes the Producer Price Index, the Housing Market Index, Treasury International Capital Report, same-store sales data, discussions with the Fed and Treasury Chiefs, notice of yet another Republican presidential debate and a slew of major EPS reports, including from the likes of Apple, Goldman Sachs, Bank of America, Intel and Coca-Cola. Your full Wall Street planner follows.



Greek AmericansOur founder earned clients a 23% average annual return over five years as a stock analyst on Wall Street. "The Greek" has written for institutional newsletters, Businessweek, Real Money, Seeking Alpha and others, while also appearing across TV and radio. While writing for Wall Street Greek, Mr. Kaminis presciently warned of the financial crisis.

Wall Street Schedule



Inflation Deflation?

Fresh pricing data reaches the wire Tuesday morning, with the release of the Producer Price Index (PPI) for September at 8:30 AM. Economists surveyed by Bloomberg see prices up 0.3% at the producer level in September, following no change in August. When excluding food and energy, the economists’ outlook is for a lesser 0.1% rate of growth, matching the prior month rate. Demand destruction is in play as economic forecasts cloud over.

Fed Speak

Federal Reserve Chairman Bernanke addresses a conference hosted by the Boston Fed Tuesday. Chairman Bernanke will discuss the long-term effects of “The Great Recession.” Meanwhile, Treasury Secretary Geithner testifies before the Senate Small Business Committee on the Small Business Jobs Act of 2010. Atlanta Federal Reserve Bank President Dennis Lockhart speaks to the economic outlook before a CFA society in Tennessee.

International Trade

The Treasury International Capital (TIC) data is due for the month of August at 9:00 AM Tuesday. Last month’s data showed a modest net increase in foreign purchases of long-term U.S. securities (+$24.6 billon).

Real Estate

The latest Housing Market Index is up for report at 10:00 AM ET Tuesday. This metric is a barometer of the homebuilder mood, and economists on average see the index moving up to a mark of 15 in October, up from 14 in September. Keeping in mind that a mark of 50 separates good and bad moods, it would seem builders have been near suicidal.

Retail Sector

The latest take on retail same-store sales will reach the wire before the market open Tuesday. Last week’s reports from the ICSC showed week-over-week sales fell 0.1% in the period ending October 8. The year-over-year sales change was down to +2.8%, versus +3.7% the week before. Redbook showed year-over-year sales at 4.8% (Redbook is always higher).

Political and Geopolitical

Yet another Republican debate dots the calendar for Tuesday evening. Overseas, the Bank of England ‘s Mervyn King presents policy before the Institute of Directors.


Corporate Calendar

The corporate calendar has Zeltiq Aesthetics likely to price its IPO Tuesday. Big earnings reports are scheduled for Apple (Nasdaq: AAPL), Goldman Sachs (NYSE: GS), Bank of America (NYSE: BAC), Intel (Nasdaq: INTC) and Coca-Cola (NYSE: KO). Also look for reports from Ameriserv Financial (Nasdaq: ASRV), Badger Meter (NYSE: BMI), Check Point Software (Nasdaq: CHKP), Cree (Nasdaq: CREE), Crown (NYSE: CCK), CSX (NYSE: CSX), Cybex Int’l (Nasdaq: CYBI), Dominos Pizza (NYSE: DPZ), EMC (NYSE: EMC), Flexsteel (Nasdaq: FLXS), Forest Laboratories (NYSE: FRX), FSI Int’l (Nasdaq: FSII), Fulton Fin’l (Nasdaq: FULT), Genuine Parts (NYSE: GPC), Harley Davidson (NYSE: HOG), Hawaiian Holdings (Nasdaq: HA), Infinera (Nasdaq: INFN), Intuitive Surgical (Nasdaq: ISRG), JAKKS Pacific (Nasdaq: JAKK), Johnson & Johnson (NYSE: JNJ), Juniper Networks (Nasdaq: JNPR), Lakeland Bancorp (Nasdaq: LBAI), Linear Technology (Nasdaq: LLTC), Manhattan Associates (Nasdaq: MANH), Marten Transport (Nasdaq: MRTN), Mercantile Bank (Nasdaq: MBWM), New Oriental Education & Technology (NYSE: EDU), Omnicom (NYSE: OMC), Parker Hannifin (NYSE: PH), Pinnacle Financial Partners (Nasdaq: PNFP), Platinum Underwriters (NYSE: PTP), Polaris (NYSE: PII), Renasant (Nasdaq: RNST), RLI (NYSE: RLI), Sonic (Nasdaq: SONC), Sonoco Products (NYSE: SON), State Street (NYSE: STT), Unifirst (NYSE: UNF), United Rentals (NYSE: URI), UnitedHealth (NYSE: UNH), W.W. Grainger (NYSE: GWW), Waste Connections (NYSE: WCN), Werner Enterprises (Nasdaq: WERN) and Yahoo (Nasdaq: YHOO).

Find your Wall Street daily planner here at the Wall Street Greek blog each morning.

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

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