Maria Bartiromo's look at the week ahead

Retail sales numbers, consumer sentiment data and the Fed could all affect the market

By InvestorPlace Mar 8, 2010 9:40AM

We’ll soon get further information on how consumers are feeling with a couple of different reports. Next Friday, retail sales for February will be announced. For the previous month, retail sales were higher than expected, growing 0.5 percent…and strength was seen across virtually all sectors.

 

It will be interesting to see if that retail strength carried through to February. Recent jobless numbers have been higher than the market was expecting, which could translate into slower sales. And yet, the recently released Thomson-Reuters same-store sales index for February rose 4%, its best showing since November of 2007.


 



Also Friday, the University of Michigan releases its first survey of consumer sentiment for March. Consumer confidence generally weakened last month, and the previous survey showed the long-term outlook for the economy is still of concern to people.

 

The future direction of interest rates is always important to the market, and Kansas City Fed President Thomas Hoenig has recently made comments about raising rates sooner than expected. This week, Chicago Fed President Charles Evans speaks on Tuesday, and it will be interesting to see if and how he addresses that same topic.

 

On the earnings calendar, keep an eye on Tuesdays’ report from Kroger (KR) one of the nation’s largest grocery retailers. Other companies reporting next week include H&R Block (HRB) on Monday and National Semiconductor (NSM) on Thursday.

 

And expect ongoing developments in many of the big issues the Street is watching closely, including the sovereign debt crisis in Greece and other nations, as well as both financial and health care reform.


Related Links:


0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

123
123 rated 1
266
266 rated 2
485
485 rated 3
660
660 rated 4
586
586 rated 5
652
652 rated 6
640
640 rated 7
504
504 rated 8
289
289 rated 9
159
159 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
TAT&T Inc9
VZVERIZON COMMUNICATIONS8
CTLCENTURYLINK Inc8
EXCEXELON CORPORATION8
AAPLAPPLE Inc10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.