MLK Day: Ed’s Daily Notes for January 20th   5 comments

MLK

U.S. markets are closed today for Martin Luther King Day. But this blog remains open for business…

It looks like a quiet week for economic reports, but we have plenty of corporate earnings reports to keep us entertained:

MONDAY: General Dynamics (GD)
TUESDAY: Johnson & Johnson (JNJ), IBM (IBM), Verizon (VZ)
WEDNESDAY: U.S. Bancorp (USB), eBay (EBAY), Abbott Laboratories (ABT), Freeport-McMoRan (FCX), Norfolk Southern (NSC), Netflix (NFLX)
THURSDAY: Microsoft (MSFT), McDonald’s (MCD), Union Pacific (UNP), Starbucks (SBUX), Lockheed Martin (LMT), Johnson Controls (JCI), Discover Financial (DFS), Alaska Air (ALK)
FRIDAY: Procter & Gamble (PG), Bristol-Myers (BMY), Honeywell (HON), Kimberly-Clark (KMB)

Just in case anyone is interested, here are the expected dates for earnings reports in my portfolio (aside from MSFT, shown above):

Apple (AAPL): January 27th
Caesar’s Entertainment Corp. (CZR): February 24-28th (estimated)
Disney (DIS): February 5th
Genworth (GNW): February 4th
Google (GOOG): January 30th
GW Pharmaceuticals (GWPH): not announced
NanoViricides (NNVC): not announced
Provectus Pharmaceuticals (PVCT): not announced
Banco Santander (SAN): not announced
Sirius XM (SIRI): February 3-7th (estimated)

Fox News: Seahawks, Broncos to square off in Super Bowl

Congratulations to the Broncos and Seahawks for their victories yesterday. So we get the “Legalized Marijuana Super Bowl”. I am sure the fans will enjoy it, if they haven’t already…

My prediction? Broncos win.

Forbes: Mega Default in China Scheduled for January 31

While the article above presents a good case, it also points out how the Chinese government can bailout the wealth management product at the source of the problem. This will undoubtedly happen, and will also delay the day of reckoning for China.

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Posted January 20, 2014 by edmcgon in Economy, Market Analysis, News, Stocks

5 responses to “MLK Day: Ed’s Daily Notes for January 20th

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  1. Should be a great game. Broncos good run d and passing game against hawks pass d and running game. Looks like the bet so far has been Denver:
    http://msn.foxsports.com/nfl/story/super-bowl-xlviii-betting-las-vegas-point-spread-denver-broncos-seattle-seahawks-peyton-manning-011914

  2. LOVE that this is the “Legalized Marijuana Super Bowl.” All the publicity and talk about that can only help my pot stocks. 🙂

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