14 and industrial production previously 03 on feb

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traders will be watching jobless claims (previously 366,000) on Feb. 14 and  industrial production (previously 0.3%) on Feb. 15tfor signs of improvement  before counting on a continuation of the stock market rally, although most  technical indicators point towards a retracement in the indexes. J apan's economy likely grew slightly in October-December, the first expansion in three quarters, a Reuters poll showed on Tuesday, with solid private consumption and post-quake reconstruction demand helping to pull the country out of a mild recession. On the earnings front, a slew of companies, including Cisco Systems, Staples, NetApp, Limited Brands, Wal-Mart Stores and Dell Inc., are scheduled to release the quarterly results during the
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week. Of the 449 S&P 500 companies that have reported results so far in this earnings season, 63.3 percent have exceeded the analysts' estimates, slightly above typical 62 percent average. But only 38.2 percent of the companies have posted revenue above expectations, well below the 62 percent quarterly average since 2002 and the 55 percent average over the past four quarters, according to data from Thomson Reuters.
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  • Spring '08
  • epstein
  • Thomson Reuters, New York Stock Exchange

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