The Week Ahead – $ORCL, $FDX, $ADBE, $RHT

by Enis June 16, 2014 8:16 am • Commentary

The headliner this week is the FOMC update at 2:00 pm EST on Wednesday, and Janet Yellen’s press conference to follow shortly afterwards.  Certain Fed speakers have indicated a potential shift in the Federal Reserve’s focus over the last month, as they have spoken with interest about the fall in market volatility and rise in the stock market, and mentioned a potential rate hike sooner than the market expects.

Markets overall don’t expect the Fed to rock the boat, but Yellen’s press conference will be notable to see whether she shifts her tone.  Outside of the FOMC event, the macroeconomic calendar is light, with CPI and Housing Starts data on Tuesday, and Jobless Claims and the Philly Fed on Thursday.  The economic calendar in other regions is quiet as well.

As for single stocks, there are several notable earnings reports (ADBE, FDX, ORCL, and RHT), but generally quiet aside from those reports.

 

Monday, June 16th

  • ISIS:  ISIS-GCGR Rx Phase 2 Data Study Results

Tuesday, June 17th

  • VRX Business Update Call
  • ADI analyst day
  • BLK investor day
  • ADBE earnings after the close

Wednesday, June 18th

  • FDX earnings before the open
  • GOGO investor and analyst day
  • RHT earnings after the close

Thursday, June 19th

  • RAD earnings before the open
  • KR earnings before the open
  • COH analyst and investor day
  • ORCL earnings after the close

Friday, June 20th

  • KMX earnings before the open
  • DRI earnings before the open
  • PIR earnings before the open