1. Geopolitical Events. On Monday President Trump will begin his first work day in the Oval Office. On Thursday the Eurogroup will meet in Brussels.
2. Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications, jobless claims and existing home sales, leading indicators, new home sales, durable goods, Q4 GDP and Michigan Sentiment.
3. Earnings Releases. Notable releases include MCD HAL JNJ BABA T BA GOOGL MSFT CVX ABBV. See the Earnings section.
4. Company, Analyst and Regulatory Meetings. Type 1s: none of note. Type 4s: none of note.
Monday, January 23:
The 45th President of the United States Donald J. Trump will start his first full working day in the oval office.
Tuesday, January 24:
December Existing Home Sales are due out at 10:00 a.m. EST and are expected to fall to 5.50 million from 5.61 million.
Wednesday, January 25:
The latest short interest from the NYSE and NASDAQ through the 15th of January on a settlement basis is due out after the close.
Thursday, January 26:
December Leading Indicators are due out at 10:00 a.m. EST and are expected to rise to 0.5% from 0%.
December New Home Sales are due out at 10:00 a.m. EST and are expected to fall to 588,000 from 592,000.
The Eurogroup meets in Brussels.
Friday, January 27:
December Durable Goods are due out at 8:30 a.m. EST and are expected to rise to 2.75% from -4.5%.
Q4 GDP is due out at 8:30 a.m. EST and is expected to fall to 2.2% from 3.5%.
January Michigan Sentiment is due out at 10:00 a.m. EST and is expected to fall to 98 from 98.l.
Markets are closed in China for the start of the Lunar New Year. South Korea and Taiwan are closed as well.Comments »