The Week Ahead: 7/22/07 to 7/28/07
The start of another week is upon us and there’s plenty of upcoming activity to consider. Existing home sales will be reported July 25th, with new home sales being reported the following day. Expect another monthly report of sluggish home sales.
Durable goods orders are also expected to be reported on the 26th. I would expect to see these orders down slightly following Whirlpool’s earnings announcement last week that the slow housing market is driving down demand for new washers, dryers, and other household appliances.
There are more companies expected to report earnings as well. The list for Monday alone is over 90 companies so I won’t go into great detail. If there’s a particular company that interests you I would encourage you to go to Yahoo! Finance or Bloomberg and check to see when they report their earnings. If you follow the market as a whole, say through an ETF or index-based mutual fund, I would encourage you to look up when the 30 stocks in the Dow post their earnings. Texas Instruments (symbol TXN) and Halliburton (HAL) are two of the stocks reporting quarterly earnings tomorrow. Also, Thomas Group (TGIS) is expected to report tomorrow as well… I have absolutely no affiliation with the company and actually do not follow the stock, I just liked the name so I thought I would point it out!
Here’s looking to the week ahead! As always, I welcome your comments and feedback…