RE:Pick The Dow BG,
Thanks, had a good "All-Star" weekend.
Posting just before Opening Bell so can see how Industrial Production
and Capacity Utilization numbers are greeted. Futures very positive.
Going with Up on Monday
baz
[img]i/expressions/face-icon-small-smile.gif[/img]
-------------------------------------------------------------------------------------------------------------------- Key events in the week ahead
--------------------------------------------------------------------------------------------------------------------
* A number of retailers report through the week. Chief among them is Wal-Mart, on Thursday.
* Tuesday the New York Fed releases its Empire State Index. Economists surveyed by Briefing.com expect it to slip
to 36.4 for February from January's 39.2. Any number over zero represents growth in New York's manufacturing economy.
* January industrial production, due out Tuesday, is expected to rise 0.7 percent after gaining 0.1 percent in
December. Capacity utilization is expected to rise to 76.2 percent from 75.8 percent.
* January housing starts, due out Wednesday, are expected to come in at an annualized 2 million, down from December's
2.088 million. Building permits are expected to come in at an annualized 1.91 million, down from December's 1.953
million.
* The producer price index, slated for Thursday, is expected to show that wholesale prices gained 0.3 percent in January,
equal to December's rise. The core, which excludes food an energy, is expected to climb 0.1 percent.
* The Philadelphia Fed's February index of manufacturing in its region is expected to slip to 35 from January's 38.8.
Any number over zero represents growth.
* The consumer price index is expected to show prices for consumer goods rose by 0.3 percent in January,
up from 0.2 percent in December. The core, which excludes food and energy, is expected to rise 0.1 percent. |