Tuesday, March 30
Earnings: CHRS -0.13 CPC 0.20 CIE -0.05 DOVR 0.07 EDAP -0.01 EXFO 0.07 FCFC 0.21 GRS 0.11 GTN -0.22 KFS -0.30 KITD -0.12 LNDC 0.08 LAYN 0.25 LDK 0.12 MNOV -0.43 SAI 0.32 TISI 0.10 WH -0.07
Economic Indicator: 7:45AM Weekly retail sales.
Economic Indicator: 9:00AM: Case-Shiller Idx for January.
Economic Indicator: 10:00AM TCB Confidence for March.
Economic Indicator: Japan Unemployment, Japan Ind’l Prod.
Wednesday, March 31
Earnings: APWR 0.41 SHLM 0.23 AYI 0.39 ATSG 0.2 ANGO 0.12 BPZ -0.02 GRRF 0.05 DAC 0.26 DMAN 0.02 DG 0.43 EUBK -0.65 FTK -0.26 GPN 0.53 BLUD 0.27 INO -0.05 LNN 0.34 MU 0.22 MBT 1.15 NGPC 0.17 NNBR -0.14 NBY -0.02 OMER -0.27 RIMM 1.27 RECN -0.02 RAD -0.19 HEAT 0.14 SPPI -0.15 MOS 0.63 ULTR 0 UNF 0.8 WLDN -0.03 XRTX 0.76
Economic Indicator: 7:00AM Weekly Mortgage Applications; 10:30AM Crude Inventories.
Economic Indicator: 8:15AM ADP Employment for March.
Economic Indicator: 9:45AM Chicago PMI for March.
Economic Indicator: 10:00AM Factory Orders for February.
Economic Indicator: Int’l data is always loaded at month-end and includes European CPI and unemployment.
Thursday, April 1
Earnings: KMX 0.25 CRTP 0.11 CMVT 0.12 TBUS 0.05 JOSB 1.79 WOR 0.50
Economic Indicator: 8:30AM Initial Unemployment Claims; 4:30PM Money Supply.
Economic Indicator: 6:00AM Monster Employment for March.
Economic Indicator: 7:30AM Challenger Job-Cut Report for March.
Economic Indicator: 10:00AM ISM Mftg Survey for March.
Economic Indicator: 10:00AM Construction Spending for February.
Economic Indicator: 4:30PM Motor vehicle sales for March.
Friday, April 2
Earnings: CTZN -1.74 OSTK 0.45 SCHN 0.48
Economic Indicator: 10:30AM Weekly Leading Index.
Economic Indicator: 8:30AM: Employment for March.
Economic Indicator: 9:40AM Leading Inflation Index for March.
Note: Good Friday: Stock Market Closed, Banks Open, Bond Markets Open.
Monday, April 5
Earnings: ABAT 0.10 AZZ 0.59 BSDM -0.10 CYPB -0.13 FSC 0.27 GMET -0.04 ISCA 0.53 JOEZ 0.01 LOJN -0.19 MTRX 0.19 MG 0.05 PCYO -0.06 RELL 0.18 SCHN 0.48 FNLC 0.22
Economic Indicator: 10:00AM ISM Services Survey for March.
Economic Indicator: 10:00AM Pending Home Sales for February.
Economic Indicator: 10:00AM Employment Trends Leading Index for March.
All Times Eastern
Economics
(3/29)
Personal Spending and Income Growth Rates Begin to Flatten out; Savings Slows.
Germany CPI (momSA): Mar-Prel +0.4%. Regional data is +0.5% vs expected +0.3%. March’s seasonal adjusted data subtracted 0.1% from the unadjusted last year, so that would give a +0.4% preliminary reading but sometimes the adjustment is adjusted with the final reading. Germany CPI six-month smoothed growth rates: Mar-Prel +1.6%, Feb +1.0%, Jan +1.1%, Dec +1.4%, Nov +0.8%, Oct +0.4%, Sep -0.1%, Aug +0.2%, Jul -0.6%.
It’d be interesting to call Muller Data and ask what they are pricing the average GO muni at and what’s the average for the US. It’d be interesting to see what the average GO is relative to 10 years ago. Ken Engemann is still there last we heard, so might be worth a call as he always has an interesting view point. Munis might give a better idea of the economy that S&P’s rating for the US.
It’s Official – America Now Enforces Capital Controls.
http://www.zerohedge.com/article/its-official-america-now-enforces-capital-controls
Former Goldman Commodities Research Analyst Confirms LMBA OTC Gold Market Is “Paper Gold” Ponzi.
http://www.zerohedge.com/article/former-goldman-commodities-research-analyst-confirms-lmba-otc-gold-market-paper-gold-ponzi
You Don’t Mess With The LBMA – Assassination Attempt On Silver Market Manipulation Whistleblower?
http://www.zerohedge.com/article/you-dont-mess-lbma-assasination-attempt-silver-market-manipulation-whistleblower
Mark Mobius Presentation.
http://www.craigsip.com/research-public/mark-mobius-presents.html
Markets (oil price and interest rate growth rates relative to the stock market):
Long term: Neutral 2/8.
Intermediate: Positive 3/19.
Short-term: Neutral 3/24.
Sectors (basic materials and energy growth rates relative to the other sectors):
Long term: Neutral 9/10.
Intermediate: Neutral 11/11.
Short-term: Neutral 1/12.
