Sunday, January 27, 2008

This Week's Market Moving Earnings Calls

It's a difficult task to narrow down this week's list of earnings calls/reports from 280 to a manageble 5; however, each day of the upcoming week has reports critical to short to near-term markets. The picks below are concentrated in financials, consumer goods, residential construction, and energy due to their impact on the consumer (consumer spending equals 70% of GDP)--notice the aversion to tech, though AMZN's numbers should be important. The five companies have an equally-weighted return of -33.4% for the period 1/1/07 to 1/25/08. vs. -6.1% for the S&P 500.

Monday - American Express
AXP
Tuesday - Countrywide Financial
CFC
Wednesday - Kraft
KFT
Thursday - Pulte Homes
PHM
Friday - Exxon Mobil
XOM

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