Saturday, January 26, 2013

Week Ahead: Apple Earnings, Housing Data


Earnings reports will browbeat subsequent week’s mercantile calendar, not slightest Apple’s (NASDAQ: AAPL) quarterly formula that could establish a instruction of that company’s stock.
All U.S. bonds markets are sealed on Monday for a Martin Luther King Jr. holiday.
Apple will news on Wednesday and investors will be looking for another record-breaking quarter. So will analysts, a infancy of whom trust a Cupertino, Calif.-based tech and consumer gadgets association had a best entertain ever.
Apple’s batch has been slipping in new weeks, descending good subsequent a all-time high of $705 available in September. The batch sealed down $2.68 on Friday during $500.
Analysts contend a association will need another blowout entertain to get that ceiling movement operative again.
A sum of eleven components of a Dow Jones Industrial normal will be reporting.
Among a bellwether companies scheduled to news subsequent week embody Google (NASDAQ: GOOG), Travelers (NYSE: TRV), Johnson Johnson (NYSE: JNJ) and Verizon Communication (NYSE: VZ) on Tuesday;  McDonald’s (NYSE: MCD) and Netflix (NASDAQ: NFLX) on Wednesday; ATT (NYSE: T), Bristol-Myers Squibb (NYSE: BMY)  and Microsoft (NASDAQ: MSFT) on Thursday.
Also due subsequent week is housing data, including a news on Tuesday associated to existent homes sales for December. Sales of previously-owned homes rose in Nov to a top turn in 3 years.
And on Friday monthly new home sales for Dec is due. New home sales were also adult in November, a top in dual years.

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