Wall Street Greek's Week Ahead – Economic Reports & EPS Schedule
The week ahead carries with it the weight of the previous period. The market closed poorly last week, despite a strong February. The reason was two-fold and had domestic and international elements, just as the week ahead does. The Greek tragedy was dragged out to a dramatic midnight hour approval on Friday, as the Greeks almost did themselves in by disproving their own Finance Minister’s coupe. However, as I suggested would happen last week, fear of the unknown and the likelihood of a Greek depression worse than the crisis of its last few years should it have exited the euro-zone, led the Greeks back to their senses. They approved the new program, and the ECB is expected this week to reverse some of the actions it took against Greece as tensions rose. This should release some critical tension for Greek stocks (Nasdaq: GREK) and for global markets this week. In the U.S., after last week’s soft GDP data and an ugly Midwestern measure showing contraction, we get the monthly Employment Situation Report this Friday. All eyes will be on data this week for evidence of Q1 softness. The market needs confirmation that things are okay to grow, so pay attention. Please do follow our Wall Street blog.
Our 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.
Stocks took a hit at the close of the week when GDP was reported growing at a slower rate and Chicago PMI showed contraction in the Midwest economy. Weakness was attributed to the weather and the West Coast port issues, but I expect lower energy prices are also hampering the center of the country, where a great deal of the nation’s newest drill-holes are found. This raised concern that the current quarter could show a contraction similar to the one reported last winter. That would seem to put the Fed on hold, but for good reason. As a result, the market will hinge on events in Europe and also on the data schedule found below here. All of the data is important, especially Monday’s spending data, but everything will hinge on Friday’s jobs report.
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.
Our 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.
Week Ahead
Security
|
YTD
|
TTM
|
SPDR S&P 500 (NYSE: SPY)
|
+2.5%
|
+15.3%
|
SPDR Dow Jones (NYSE: DIA)
|
+2.2%
|
+13.6%
|
PowerShares QQQ (Nasdaq: QQQ)
|
+5.3%
|
+21.3%
|
SPDR Gold Shares (NYSE: GLD)
|
+1.8%
|
-9.0%
|
iPath S&P Crude Oil (NYSE: OIL)
|
-10.3%
|
-54.6%
|
PIMCO Total Return (Nasdaq: BOND)
|
+1.9%
|
+7.3%
|
PowerShares DB US $ Bullish (NYSE: UUP)
|
+4.1%
|
+17.9%
|
Stocks took a hit at the close of the week when GDP was reported growing at a slower rate and Chicago PMI showed contraction in the Midwest economy. Weakness was attributed to the weather and the West Coast port issues, but I expect lower energy prices are also hampering the center of the country, where a great deal of the nation’s newest drill-holes are found. This raised concern that the current quarter could show a contraction similar to the one reported last winter. That would seem to put the Fed on hold, but for good reason. As a result, the market will hinge on events in Europe and also on the data schedule found below here. All of the data is important, especially Monday’s spending data, but everything will hinge on Friday’s jobs report.
Economic Reports
THIS WEEK’S ECONOMIC REPORT
SCHEDULE
|
||
Economic Data Point
|
Prior
|
Expected
|
MONDAY
|
||
+0.3%
|
+0.4%
|
|
-Spending
|
-0.3%
|
+0.0%
|
-Core PCE Price Index
|
+0.0%
|
+0.1%
|
53.9
|
54.0
|
|
53.5
|
53.0
|
|
+0.4%
|
+0.3%
|
|
$81
|
||
TUESDAY
|
||
16.7M
|
16.7M
|
|
-Domestic Sales Only
|
13.5M
|
13.4M
|
2.8%
|
||
3
|
||
WEDNESDAY
|
||
213K
|
220K
|
|
28
|
||
56.7
|
56.5
|
|
54.2
|
56.8
|
|
-3.5%
|
||
-Crude Oil Inventory
|
+8.4M
|
|
-Gasoline Inventory
|
-3.1M
|
|
THURSDAY
|
||
53,041
|
||
313K
|
||
-3.4%
|
+0.2%
|
|
-1.8%
|
-2.3%
|
|
-Unit Labor Costs
|
+2.7%
|
+3.1%
|
42.7
|
||
-219 bcf
|
||
44.1
|
||
FRIDAY
|
||
-Nonfarm Payrolls
|
257K
|
230K
|
-Private Payrolls
|
267K
|
225K
|
-Unemployment Rate
|
5.7%
|
5.6%
|
$-46.6 B
|
$-41.8 B
|
|
$14.8 B
|
$15.0 B
|
EPS Schedule
Earnings season is done for most of corporate America, but a good many companies are still reporting, including some big names like Costco (Nasdaq: COST), Best Buy (NYSE: BBY) and a few of my favorite small cap names I hope to discuss this week for you. See the full list below.
HIGHLIGHTED EPS REPORTS
|
|
Company
|
Ticker
|
MONDAY
|
|
58.com
|
Nasdaq: WUBA
|
Acceleron Pharma
|
Nasdaq: XLRN
|
AcelRx Pharmaceuticals
|
Nasdaq: ACRX
|
Akebia Therapeutics
|
Nasdaq: AKBA
|
Alexander & Baldwin
|
Nasdaq: ALEX
|
Altisource Portfolio Solutions
|
Nasdaq: ASPS
|
Ambac Financial
|
Nasdaq: AMBC
|
American Realty Capital
|
Nasdaq: ARCP
|
Amira Nature Foods
|
Nasdaq: ANFI
|
Arena Pharmaceuticals
|
Nasdaq: ARNA
|
Atlas Resource Partners
|
NYSE: ARP
|
Baltic Trading
|
Nasdaq: BALT
|
BioScrip
|
Nasdaq: BIOS
|
Caesars Entertainment
|
NYSE: CZR
|
Cal Dive Int’l
|
Nasdaq: CDVI
|
Carmike Cinemas
|
Nasdaq: CKEC
|
Chesapeake Granite Wash Trust
|
Nasdaq: CHKR
|
Chimera Investment
|
NYSE: CIM
|
China Bak Battery
|
Nasdaq: CBAK
|
Chuy’s Holdings
|
Nasdaq: CHUY
|
CNinsure
|
Nasdaq: CISG
|
Compass Diversified Holdings
|
Nasdaq: CODI
|
Contango Oil & Gas
|
NYSE: MCF
|
Core-Mark Holding
|
Nasdaq: CORE
|
Cumulus Media
|
Nasdaq: CMLS
|
Dendreon
|
Nasdaq: DNDNQ
|
DTS
|
Nasdaq: DTSI
|
DURECT
|
Nasdaq: DRRX
|
DXP Enterprises
|
Nasdaq: DXPE
|
Emerge Energy Services
|
Nasdaq: EMES
|
Endo International
|
Nasdaq: ENDP
|
Endocyte
|
Nasdaq: ECYT
|
Enstar Group
|
Nasdaq: ESGR
|
Eqip Systems
|
Nasdaq: EPIQ
|
EV Energy Partners
|
Nasdaq: EVEP
|
Everyday Health
|
Nasdaq: EVDY
|
Federal Signal
|
NYSE: FSS
|
Fox Factory
|
Nasdaq: FOXF
|
Globalstar
|
Nasdaq: GSAT
|
GrafTech Int’l
|
NYSE: GTI
|
Guidewire Software
|
Nasdaq: GWRE
|
Halozyme Therapeutics
|
Nasdaq: HALO
|
Hercules Technology Growth
|
Nasdaq: HTGC
|
Ignite Restaurant Group
|
NYSE: IRG
|
Intercept Pharmaceuticals
|
Nasdaq: ICPT
|
Intrexon
|
NYSE: XON
|
JinkoSolar
|
NYSE: JKS
|
KYTHERA Biopharmaceuticals
|
Nasdaq: KYTH
|
LSB Industries
|
NYSE: LXU
|
Magnum Hunter Resources
|
NYSE: MHR
|
Matador Resources
|
Nasdaq: MTDR
|
MBIA
|
NYSE: MBI
|
McDermott Int’l
|
NYSE: MDR
|
Mid-Con Energy Partners
|
Nasdaq: MCEP
|
Middleby
|
Nasdaq: MIDD
|
Molycorp
|
NYSE: MCP
|
Mylan
|
NYSE: MYL
|
Nabors Industries
|
NYSE: NBR
|
New Mountain Finance
|
Nasdaq: NMFC
|
Newcastle Investment
|
NYSE: NCT
|
Nortek
|
NYSE: NTK
|
Nutrisystem
|
Nasdaq: NTRI
|
OM Group
|
NYSE: OMG
|
Opower
|
Nasdaq: OPWR
|
Otelco
|
Nasdaq: OTEL
|
Palo Alto Networks
|
Nasdaq: PANW
|
Paragon Shipping
|
Nasdaq: PRGN
|
Pattern Energy
|
Nasdaq: PEGI
|
PharMerica
|
NYSE: PMC
|
Portola Pharmaceuticals
|
Nasdaq: PTLA
|
Pra Group
|
Nasdaq: PRAA
|
Progressive
|
NYSE: PGR
|
Puma Biotechnology
|
Nasdaq: PBYI
|
QEP Midstream Partners
|
Nasdaq: QEPM
|
RadNet
|
Nasdaq: RDNT
|
RigNet
|
Nasdaq: RNET
|
Rouse Properties
|
NYSE: RSE
|
Sabine Oil & Gas
|
Nasdaq: SOGC
|
Salix Pharmaceuticals
|
Nasdaq: SLXP
|
SandRidge Permian Trust
|
NYSE: PER
|
Scorpio Tankers
|
Nasdaq: STNG
|
Seventy Seven Energy
|
NYSE: SSE
|
Sotheby’s
|
NYSE: BID
|
Stemline Therapeutics
|
Nasdaq: STML
|
Stratasys
|
Nasdaq: SSYS
|
Summit Hotel Properties
|
NYSE: INN
|
Systemax
|
NYSE: SYX
|
Tecumseh Products
|
Nasdaq: TECU
|
Tredegar
|
NYSE: TG
|
Triangle Capital
|
Nasdaq: TCAP
|
Ultrapetrol
|
Nasdaq: ULTR
|
Vanguard Natural Resources
|
NYSE: VNR
|
Vector Group
|
NYSE: VGR
|
Weibo
|
NYSE: WB
|
WEYCO
|
Nasdaq: WEYS
|
TUESDAY
|
|
ABM Industries
|
NYSE: ABM
|
Accuride
|
NYSE: ACW
|
AeroVironment
|
Nasdaq: AVAV
|
Agenus
|
Nasdaq: AGEN
|
Amarin
|
Nasdaq: AMRN
|
Ambarella
|
Nasdaq: AMBA
|
Amicus Therapeutics
|
Nasdaq: FOLD
|
Ascena Retail
|
Nasdaq: ASNA
|
Autozone
|
NYSE: AZO
|
Avolon
|
Nasdaq: AVOL
|
Bazaarvoice
|
NYSE: BV
|
Best Buy
|
NYSE: BBY
|
Bob Evans Farms
|
Nasdaq: BOBE
|
Bona Film Group
|
Nasdaq: BONA
|
BreitBurn Energy Partners
|
Nasdaq: BBEP
|
Career Education
|
Nasdaq: CECO
|
CDI
|
NYSE: CDI
|
Codexis
|
Nasdaq: CDXS
|
Ctrip.com
|
Nasdaq: CTRP
|
Cumberland Pharmaceuticals
|
Nasdaq: CPIX
|
DARA BioSciences
|
Nasdaq: DARA
|
Dick’s Sporting Goods
|
NYSE: DKS
|
eFuture Information Tech
|
Nasdaq: EFUT
|
Engility
|
NYSE: EGL
|
Esperion Therapeutics
|
Nasdaq: ESPR
|
Geron
|
Nasdaq: GERN
|
Insys Therapeutics
|
Nasdaq: INSY
|
JD.Com
|
NYSE: JD
|
Kate Spade & Co.
|
Nasdaq: KATE
|
L.B. Foster
|
Nasdaq: FSTR
|
LRR Energy
|
NYSE: LRE
|
MCG Capital
|
Nasdaq: MCGC
|
Midstates Petroleum
|
NYSE: MPO
|
Navistar Int’l
|
NYSE: NAV
|
NeoPhotonics
|
Nasdaq: NPTN
|
PDI Inc.
|
Nasdaq: PDII
|
Phoenix New Media
|
Nasdaq: FENG
|
PRGX Global
|
Nasdaq: PRGX
|
Primoris Services
|
Nasdaq: PRIM
|
Quanex Building Products
|
NYSE: NX
|
Receptos
|
Nasdaq: RCPT
|
Revlon
|
NYSE: REV
|
Sanchez Energy
|
NYSE: SN
|
SINA
|
Nasdaq: SINA
|
Smith & Wesson
|
Nasdaq: SWHC
|
SpartanNash
|
Nasdaq: SPTN
|
Stage Stores
|
NYSE: SSI
|
Tarena Int’l
|
Nasdaq: TEDU
|
TiVo
|
Nasdaq: TIVO
|
TRI Pointe Homes
|
NYSE: TPH
|
TriNet Group
|
Nasdaq: TNET
|
Trinity Biotech
|
Nasdaq: TRIB
|
Trivascular Technologies
|
Nasdaq: TRIV
|
Veeva Systems
|
Nasdaq: VEEV
|
WhiteHorse Finance
|
NYSE: WHF
|
Xerium Technologies
|
NYSE: XRM
|
ZELTIQ Aesthetics
|
Nasdaq: ZLTQ
|
WEDNESDAY
|
|
Abercrombie & Fitch
|
NYSE: ANF
|
Alaska Communications
|
Nasdaq: ALSK
|
Alimera Sciences
|
Nasdaq: ALIM
|
Alon USA
|
Nasdaq: ALDW
|
Amedisys
|
Nasdaq: AMED
|
American Eagle Outfitters
|
NYSE: AEO
|
ArQule
|
Nasdaq: ARQL
|
Autohome
|
Nasdaq: ATHM
|
BIOLASE
|
Nasdaq: BIOL
|
Bitauto
|
Nasdaq: BITA
|
BPZ Resources
|
NYSE: BPZ
|
Callon Petroleum
|
NYSE: CPE
|
Capitala Finance
|
Nasdaq: CPTA
|
CAS Medical Systems
|
Nasdaq: CASM
|
China Biologic Products
|
Nasdaq: CBPO
|
Comtech Telecommunicaitons
|
Nasdaq: CMTL
|
Country Style Cooking
|
Nasdaq: CCSC
|
Craft Brew Alliance
|
Nasdaq: BREW
|
Cross Country Healthcare
|
Nasdaq: CCRN
|
Darling Ingredients
|
NYSE: DAR
|
Diana Shipping
|
NYSE: DSX
|
Doral Financial
|
NYSE: DRL
|
E.W. Scripps
|
NYSE: SSP
|
Eclipse Resources
|
NYSE: ECR
|
FairPoint Communications
|
NYSE: FRP
|
FXCM
|
Nasdaq: FXCM
|
Garrison Capital
|
Nasdaq: GARS
|
Getty Realty
|
NYSE: GTY
|
Greif
|
NYSE: GEF
|
GSI Group
|
Nasdaq: GSIG
|
H&R Block
|
NYSE: HRB
|
Halyard Health
|
NYSE: HYH
|
Heritage Insurance
|
Nasdaq: HRTG
|
IDT
|
NYSE: IDT
|
Installed Building Products
|
NYSE: IBP
|
Interxion
|
Nasdaq: INXN
|
Jamba
|
Nasdaq: JMBA
|
Jones Energy
|
Nasdaq: JONE
|
Korn/Ferry
|
NYSE: KFY
|
Lumos Networks
|
Nasdaq: LMOS
|
Materialise
|
Nasdaq: MTLS
|
Momo
|
Nasdaq: MOMO
|
MYR Group
|
Nasdaq: MYRG
|
Pacific Ethanol
|
Nasdaq: PEIX
|
PetroQuest Energy
|
NYSE: PQ
|
PetSmart
|
Nasdaq: PETM
|
Physicians Realty Trust
|
NYSE: DOC
|
Polypore International
|
NYSE: PPO
|
PowerSecure Int’l
|
Nasdaq: POWR
|
RELM Wireless
|
NYSE: RWC
|
RenaSola
|
NYSE: SOL
|
Repligen
|
Nasdaq: RGEN
|
Resource America
|
Nasdaq: REXI
|
Roundy’s
|
Nasdaq: RNDY
|
Scorpio Bulkers
|
Nasdaq: SALT
|
Semtech
|
Nasdaq: SMTC
|
Sequenom
|
Nasdaq: SQNM
|
SP Plus
|
NYSE: SP
|
Speedway Motorsports
|
NYSE: TRK
|
Spok Holdings
|
Nasdaq: SPOK
|
Sucampo Pharmaceuticals
|
Nasdaq: SCMP
|
TheStreet
|
NYSE: TST
|
Trade Street Residential
|
Nasdaq: TSRE
|
Tribune Publishing
|
Nasdaq: TPUB
|
Trina Solar
|
NYSE: TSL
|
Trinseco
|
NYSE: TSE
|
Triumph Bancorp
|
NYSE: TBK
|
Tuniu
|
Nasdaq: TOUR
|
Vivant Solar
|
Nasdaq: VSLR
|
VWR
|
NYSE: VWR
|
W&T Offshore
|
NYSE: WTI
|
Wayfair
|
NYSE: W
|
Xueda Educaiton
|
NYSE: XUE
|
THURSDAY
|
|
51job
|
Nasdaq: JOBS
|
Abraxas Petroleum
|
Nasdaq: AXAS
|
Achillion Pharmaceuticals
|
Nasdaq: ACHN
|
Addus Homecare
|
Nasdaq: ADUS
|
Alon USA energy
|
NYSE: ALJ
|
Ares Management
|
Nasdaq: ARES
|
Bio-Reference Laboratories
|
Nasdaq: BRLI
|
Blackrock Kelso Capital
|
Nasdaq: BKCC
|
Canadian Solar
|
Nasdaq: CSIQ
|
Central European Media
|
Nasdaq: CETV
|
Checkpoint Systems
|
NYSE: CKP
|
Chembio Diagnostics
|
Nasdaq: CEMI
|
Chesapeake Utilities
|
NYSE: CPK
|
China New Borun
|
Nasdaq: BORN
|
Ciena
|
Nasdaq: CIEN
|
City Office REIT
|
NYSE: CIO
|
Cooper Cos.
|
NYSE: COO
|
Costco Wholesale
|
Nasdaq: COST
|
CTC Media
|
Nasdaq: CTCM
|
Demand Media
|
NYSE: DMD
|
Diamond Foods
|
Nasdaq: DMND
|
Dot Hill Systems
|
Nasdaq: HILL
|
E Commerce China Dangdang
|
Nasdaq: DANG
|
Emergent BioSolutions
|
NYSE: EBS
|
Energy Recovery
|
Nasdaq: ERII
|
Esterline Technologies
|
NYSE: ESL
|
Exceed Co.
|
NYSE: EDS
|
Fidus Investment
|
Nasdaq: FDUS
|
Finisar
|
Nasdaq: FNSR
|
Forestar Group
|
NYSE: FOR
|
Fresh Market
|
NYSE: TFM
|
Galena Biopharma
|
Nasdaq: GALE
|
Global Eagle Entertainment
|
NYSE: ENT
|
Gray Television
|
NYSE: GTN
|
HCI Group
|
NYSE: HCI
|
ID Systems
|
Nasdaq: IDSY
|
Independence Contract Drilling
|
NYSE: ICD
|
IRIDEX
|
Nasdaq: IRIX
|
Jiayuan.com Int’l
|
Nasdaq: DATE
|
Jones Soda
|
Nasdaq: JSDA
|
Joy Global
|
NYSE: JOY
|
Kroger
|
NYSE: KR
|
Ladder Capital
|
Nasdaq: LADR
|
Liberty Tax
|
NYSE: TAX
|
Marcus & Millichap
|
NYSE: MMI
|
Martha Stewart
|
NYSE: MSO
|
Methode Electronics
|
NYSE: MEI
|
National Western Life
|
Nasdaq: NWLI
|
Navidea Biopharmaceuticals
|
Nasdaq: NAVB
|
Orion Engineered Carbons
|
NYSE: OEC
|
Osiris Therapeutics
|
Nasdaq: OSIR
|
Paramount Group
|
Nasdaq: PGRE
|
Peregrine Pharmaceuticals
|
Nasdaq: PPHM
|
Perficient
|
Nasdaq: PRFT
|
Prothena
|
Nasdaq: PRTA
|
Quiksilver
|
NYSE: ZQK
|
Resolute Energy
|
NYSE: REN
|
Rhino Resource
|
NYSE: RNO
|
Safeguard Scientifics
|
NYSE: SFE
|
Sanchez Production Partners
|
NYSE: SPP
|
Shanda Games
|
Nasdaq: GAME
|
Skullcandy
|
Nasdaq: SKUL
|
Superior Industries
|
NYSE: SUP
|
Tetraphase Pharmaceuticals
|
Nasdaq: TTPH
|
The Chefs’ Warehouse
|
Nasdaq: CHEF
|
Thor Industries
|
NYSE: THO
|
Trecora Resources
|
Nasdaq: TREC
|
U.S. Physical Therapy
|
Nasdaq: USPH
|
US Concrete
|
Nasdaq: USCR
|
Violin Memory
|
Nasdaq: VMEM
|
Winthrop Realty Trust
|
NYSE: FUR
|
Wuxi Pharmatech Cayman
|
NYSE: WX
|
Youku Tudou
|
Nasdaq: YOKU
|
YY
|
NYSE: YY
|
FRIDAY
|
|
Big Lots
|
NYSE: BIG
|
Cheetah Mobile
|
Nasdaq: CMCM
|
Chimerix
|
Nasdaq: CMRX
|
Foot Locker
|
NYSE: FL
|
Furmanite
|
NYSE: FRM
|
Global Sources
|
Nasdaq: GSOL
|
Gramercy Property Trust
|
NYSE: GPT
|
KVH Industries
|
Nasdaq: KVHI
|
Monroe Capital
|
Nasdaq: MRCC
|
New Home Co.
|
Nasdaq: NWHM
|
Noah Holdings
|
Nasdaq: NOAH
|
OFS Capital
|
NYSE: OFS
|
Southcross Energy Partners
|
NYSE: SXE
|
Staples
|
Nasdaq: SPLS
|
Tribune Media
|
Nasdaq: TRCO
|
Vantage Drilling
|
NYSE: VTG
|
Verso
|
NYSE: VRS
|
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.
Labels: Market-Outlook, Market-Outlook-2015-Q1, Week-Ahead, Week-Ahead-2015
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