The Week Ahead: Your Financial Roadmap for December 11 to December 15, 2006
Two big events of the week:
Tuesday is Federal Open Market Day - the Federal Open Market Committee for the Federal Reserve Bank will meet and announce a decision on interest rate targets.
Friday is Quadruple Witching Day - when contracts for stock index futures, stock index options, stock options, and single stock futures (SSF) all expire, and could see considerable price volatility. Quadruple Witching occurs every 3rd Friday of March, June, September and December. The more commonly heard “Triple Witching†refers to the last hour of the day when the expiration of the stock index futures, stock index options and stock options occurs, making it one of the most predictably volatile one-hour periods each quarter. The irony of “predictably volatile†has been duly noted.
|
Day / Date |
Monday, December 11 |
Tuesday, December 12 |
Wednesday, December 13 |
Thursday, December 14 |
Friday, December 15 |
|
Indicators |
October Wholesale Trade from the Commerce Department: Sales down 0.5%; Inventories Up 0.8% |
1st Quarter Hiring Intentions Survey from Manpower: First Quarter Hiring “Steady†October International Trade from the Commerce Department: November Federal Budget from the US Treasury October Leading and Coincident Indexes for Korea from the Conference Board: |
November Retail Sales from the Commerce Department: Retail Sales Up 1.0% October Business Inventories from the Commerce Department: Inventories Up 0.4%; Inventory-to-Sales Ratio at 1.31 October Leading and Coincident Indexes for France from the Conference Board: Leading down 0.4%; Coincident up 0.1% Weekly Mortgage Applications Survey from the Mortgage Bankers Association: Purchase Mortgage Applications Up 8.7%; Rates Mixed Weekly Petroleum data summary and This Week in Petroleum from the Energy Information Administration: Inventories, Refinery Activity Down, Useage Up |
3rd Quarter Quarterly Services Report
November Import/Export Price Indexes from the Bureau of Labor Statistics: |
November Consumer Price Index from the Bureau of Labor Statistics: CPI-U Unchanged; Real Earnings Up 0.2% November G.17 Release Industrial Production and Capacity Utilization from the Federal Reserve: |
|
Earnings Reports |
Nothing interesting |
Dollar General [Ticker: DG; Industry: Discount, Variety Stores ]
Goldman Sachs [Ticker: GS; Industry: Investment Brokerage - National ] |
Nothing interesting | Bear Stearns Companies [Ticker: BSC; Industry: Investment Brokerage - National ] | Nothing interesting |
|
Treasury Auctions and Announcements |
11 AM Eastern: 4-Week T-Bill Announcement
1 PM Eastern: 3-Month and 6-Month T-Bill Auctions |
1 PM Eastern: 4-Week T-Bill Auction | 1 PM Eastern: 10-Year Note Auction | 11 AM Eastern: 3-Month and 6-Month T-Bill Announcements | 10-Year Note Settlement |
Each of the upcoming financial items with the exception of Treasury auctions and announcements will be linked in this post as they become available. Housing market indicators will be featured on RealNews under the Housing Market category. Job market indicators wil be featured at Jobs Calling under the Job Market category. International indicators will be featured at Growing Global under the Economic Indicators category. General US economic indicators will be featured on this site, Financial Options, under Economic Indicators category.
The earnings releases listed are companies I've chosen because of their industries, because of market capitalization (the size of the company), because they have local plants in my area or for various other reasons of general interest. Please do not take these as a “recommendation†of any sort. That I list them here simply means that I think the results may be interesting for any number of reason - I may occasionally even choose companies where I expect negative results.

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