The Dow Market Happenings For Wednesday, April 23, 2014

Dow stocks at 52 week highs include Caterpillar (CAT), Johnson &Johnson (JNJ), Merck (MRK) and United Technologies (UTX). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -2 points.

Tuesday, the Dow closed up +65.12 (+0.40%) at 16,514.37

Year-to-date the Dow is down -0.38%.

Procter & Gamble (PG) reported Q3 EPS of $1.04, higher than consensus of $1.02.

Boeing (BA) announced that Shandong Airlines commits to order fifty 737s.

Amgen (AMGN) lost nearly 3% in after hours trading after it reported Q1 EPS of $1.87, below consensus of $1.94.

AT&T (T) fell over 2% in premarket trading even after it reported Q1 adjusted EPS of 71 cents, better than consensus of 70 cents.

European stocks were mostly lower and Asian stocks ended mixed.

The national average price of gasoline is up six-tenths of a cent to $3.673 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.

Coca Cola (KO) reported earnings on 4/15/2014 before the market open of $0.44/share, meeting consensus.

Johnson & Johnson (JNJ) reported earnings on 4/15/2014 before the market open of $1.54/share, beating consensus of $1.48/share.

Intel (INTC) reported earnings on 4/15/2014 after the market close $0.38/share beating consensus of $0.37/share.

American Express (AXP) reported earnings on 4/16/2014 after the market close of $1.33/share beating consensus of $1.30/share.

International Business Machines (IBM) reported earnings on 4/16/2014 after the market close of $2.54/share, meeting consensus.

Dupont (DD) reported earnings on 4/17/2014 before the market open of $1.58/share, meeting consensus.

General Electric (GE) reported earnings on 4/17/2014 before the market open of $0.36/share, beating consensus of $0.32/share.

Goldman Sachs reported earnings on 4/17/2014 before the market open of $4.02/share, beating consensus of $3.44/share.

UnitedHealth (UNH) reported earnings on 4/17/2014 before the market open of $1.10/share, narrowly beating consensus of $1.093/share.

McDonalds (MCD) will report earnings on 4/22/14 before the market open.

Travelers (TRV) will report earnings on 4/22/14 before the market open.

United Technologies (UTX) will report earnings on 4/22/14 before the market open.

AT&T (T) will report earnings on 4/22/14 after the market close.

Boeing (BA) will report earnings on 4/23/14 before the market open.

Procter & Gamble (PG) will report earnings on 4/23/14 before the market open.

Caterpillar (CAT) will report earnings on 4/24/14 before the market open.

3M (MMM) will report earnings on 4/24/14 before the market open.

Verizon VZ will report earnings on 4/24/14 before the market open.

Micrososft (MSFT) will report earnings on 4/24/14 after the market close.

Visa (V) will report earnings on 4/24/14 after the market close.

Merck (MRK) will report earnings on 4/29/14 before the market open.

Notable earnings reports from Tuesday include:

Amgen Inc. (AMGN) reported first quarter EPS of $1.87 on revenue of $4.50 billion, compared to last year’s EPS of $1.96 on revenue of $4.24 billion.

AT&T Inc. (T) reported first quarter EPS of $0.71 on revenue of $32.48 billion, compared to last year’s EPS of $0.64 on revenue of $31.36 billion.

McDonald’s Corporation (MCD) reported first quarter EPS of $1.21 on revenue of $6.70 billion, compared to last year’s EPS of $1.26 on revenue of $6.61 billion.

The Travelers Companies, Inc. (TRV) reported first quarter EPS of $2.95 on revenue of $6.71 billion, compared to last year’s EPS of $2.31 on revenue of $5.60 billion.

Stocks reporting earnings today include:

Boeing Company (BA) is expected to report first quarter EPS of $1.58 on revenue of $21.03 billion, compared to last year’s EPS of $1.73 on revenue of $18.89 billion.

Procter & Gamble Company (PG) is expected to report first quarter EPS of $1.02 on revenue of $20.73 billion, compared to last year’s EPS of $0.99 on revenue of $20.60 billion.

Apple Inc. (AAPL) is expected to report first quarter EPS of $10.17 on revenue of $43.55 billion, compared to last year’s EPS of $10.09 on revenue of $43.60 billion.

Facebook, Inc. (FB) is expected to report first quarter EPS of $0.24 on revenue of $2.35 billion, compared to last year’s EPS of $0.12 on revenue of $1.46 billion.

Today’s Featured Dow Stock

3M Co. (MMM)

3M Co. (MMM) is down -0.97% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +4.3% with purchase sub-index +1.3% and refi sub-index +6.9%.

0945 ET Markit Apr manufacturing PMI expected +0.5 to 56.0, Mar 55.5.

1000 ET Mar new home sales expected +2.3% to 450,000, Feb -3.3% to 440,000.

1030 ET EIA Weekly Petroleum Status Report.

1300 ET Treasury auctions $35 billion 5-year T-notes.

DJIA Market Happenings For Tuesday, April 22, 2014

Dow stocks at 52 week highs include Johnson &Johnson (JNJ). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +9 points.

Monday, the Dow closed up +40.71 (+0.25%) at 16,449.25.

Year-to-date the Dow is down -0.77%.

Travelers (TRV) reported Q1 EPS of $2.95, well ahead of consensus of $2.16.

McDonald’s (MCD) reported net income fell to $1.2 billion, or $1.21 per share. Analysts expected $1.24 per share. A year ago, the company earned $1.27 billion, or $1.26 per share. McDonald’s Corp. noted that the year-ago results were boosted by income tax benefits.

United Technologies Corp reported first-quarter net income fell 4 percent to $1.21 billion, or $1.32 per share. Restructuring costs amounted to 9 cents a share while a year earlier the company received some one-time benefits. Earnings of $1.32 per share topped the average analyst estimate by 5 cents.

European stocks were higher and Asian stocks ended mixed.

The national average price of gasoline is down two-tenths of a cent to $3.667 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.

Coca Cola (KO) reported earnings on 4/15/2014 before the market open of $0.44/share, meeting consensus.

Johnson & Johnson (JNJ) reported earnings on 4/15/2014 before the market open of $1.54/share, beating consensus of $1.48/share.

Intel (INTC) reported earnings on 4/15/2014 after the market close $0.38/share beating consensus of $0.37/share.

American Express (AXP) reported earnings on 4/16/2014 after the market close of $1.33/share beating consensus of $1.30/share.

International Business Machines (IBM) reported earnings on 4/16/2014 after the market close of $2.54/share, meeting consensus.

Dupont (DD) reported earnings on 4/17/2014 before the market open of $1.58/share, meeting consensus.

General Electric (GE) reported earnings on 4/17/2014 before the market open of $0.36/share, beating consensus of $0.32/share.

Goldman Sachs reported earnings on 4/17/2014 before the market open of $4.02/share, beating consensus of $3.44/share.

UnitedHealth (UNH) reported earnings on 4/17/2014 before the market open of $1.10/share, narrowly beating consensus of $1.093/share.

McDonalds (MCD) will report earnings on 4/22/14 before the market open.

Travelers (TRV) will report earnings on 4/22/14 before the market open.

United Technologies (UTX) will report earnings on 4/22/14 before the market open.

AT&T (T) will report earnings on 4/22/14 after the market close.

Boeing (BA) will report earnings on 4/23/14 before the market open.

Procter & Gamble (PG) will report earnings on 4/23/14 before the market open.

Caterpillar (CAT) will report earnings on 4/24/14 before the market open.

3M (MMM) will report earnings on 4/24/14 before the market open.

Verizon VZ will report earnings on 4/24/14 before the market open.

Micrososft (MSFT) will report earnings on 4/24/14 after the market close.

Visa (V) will report earnings on 4/24/14 after the market close.

Merck (MRK) will report earnings on 4/29/14 before the market open.

Notable earnings reports from Monday include:

United Health Group Incorporated (UNH) reported first quarter EPS of $1.10 on revenue of $31.70 billion, compared to last year’s EPS of $1.16 on revenue of $30.34 billion.

Hasbro, Inc. (HAS) reported first quarter EPS of $0.14 on revenue of $679.50 million, compared to last year’s EPS of $0.05 on revenue of $663.69 million.

Kimberly-Clark Corporation (KMB) reported first quarter EPS of $1.48 on revenue of $5.28 billion, compared to last year’s EPS of $1.48 on revenue of $5.32 billion.

Netflix, Inc. (NFLX) reported first quarter EPS of $0.86 on revenue of $1.27 billion, compared to last year’s EPS of $0.05 on revenue of $1.02 billion.

Stocks reporting earnings today include:

AT&T Inc. (T) is expected to report first quarter EPS of $0.68 on revenue of $32.27 billion, compared to last year’s EPS of $0.64 on revenue of $31.36 billion.

Caterpillar, Inc. (CAT) is expected to report first quarter EPS of $1.25 on revenue of $13.24 billion, compared to last year’s EPS of $1.31 on revenue of $13.21 billion.

McDonald’s Corporation (MCD) is expected to report first quarter EPS of $1.24 on revenue of $6.74 billion, compared to last year’s EPS of $1.26 on revenue of $6.61 billion.

The Travelers Companies, Inc. (TRV) is expected to report first quarter EPS of $2.17 on revenue of $5.92 billion, compared to last year’s EPS of $2.31 on revenue of $5.60 billion.

Today’s Featured Dow Stock

Walt Disney Co. (DIS)

Walt Disney Co. (DIS) is up +3.55% year-to-date.

Financial Calendar

0900 ET Feb FHFA house price index expected +0.5% m/m, Jan +0.5% m/m.

1000 ET Apr Richmond Fed manufacturing index expected +9 to 2, Mar -1 to -7.

1000 ET Mar existing home sales expected -1.1% to 4.55 million, Feb -0.4% to 4.60 million.

1145 ET Former Fed Chairman Ben Bernanke speaks at the Economic Club of Canada on 8 Years of Crisis Management at the Federal Reserve and the Way Forward.

1300 ET Treasury auctions $32 billion 2-year T-notes.

1500 ET USDA Mar Cold Storage.

The Dow Market Happenings For Monday, April 21, 2014

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +9 points.

Thursday, the Dow closed down -16.31 (-0.10%) at 16,408.54. US Markets were closed Friday for the Good Friday Holiday.

Year-to-date the Dow is down -1.01%.

Dow stock leaders so far in 2014 include Caterpillar (CAT) +13.24%, Merck (MRK) +12.83%, Johnson & Johnson (JNJ) +8.05% and Microsoft (MSFT) +6.95%. There are 14 of the Dow 30 stocks showing gains for the year.

All the major European markets were closed Monday for the Easter holiday and Asian stocks ended lower.

The national average price of gasoline is up one-tenth of a cent to $3.669 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.

Coca Cola (KO) reported earnings on 4/15/2014 before the market open of $0.44/share, meeting consensus.

Johnson & Johnson (JNJ) reported earnings on 4/15/2014 before the market open of $1.54/share, beating consensus of $1.48/share.

Intel (INTC) reported earnings on 4/15/2014 after the market close $0.38/share beating consensus of $0.37/share.

American Express (AXP) reported earnings on 4/16/2014 after the market close of $1.33/share beating consensus of $1.30/share.

International Business Machines (IBM) reported earnings on 4/16/2014 after the market close of $2.54/share, meeting consensus.

Dupont (DD) reported earnings on 4/17/2014 before the market open of $1.58/share, meeting consensus.

General Electric (GE) reported earnings on 4/17/2014 before the market open of $0.36/share, beating consensus of $0.32/share.

Goldman Sachs reported earnings on 4/17/2014 before the market open of $4.02/share, beating consensus of $3.44/share.

UnitedHealth (UNH) reported earnings on 4/17/2014 before the market open of $1.10/share, narrowly beating consensus of $1.093/share.

McDonalds (MCD) will report earnings on 4/22/14 before the market open.

Travelers (TRV) will report earnings on 4/22/14 before the market open.

United Technologies (UTX) will report earnings on 4/22/14 before the market open.

AT&T (T) will report earnings on 4/22/14 after the market close.

Boeing (BA) will report earnings on 4/23/14 before the market open.

Procter & Gamble (PG) will report earnings on 4/23/14 before the market open.

Caterpillar (CAT) will report earnings on 4/24/14 before the market open.

3M (MMM) will report earnings on 4/24/14 before the market open.

Verizon VZ will report earnings on 4/24/14 before the market open.

Micrososft (MSFT) will report earnings on 4/24/14 after the market close.

Visa (V) will report earnings on 4/24/14 after the market close.

Merck (MRK) will report earnings on 4/29/14 before the market open.

Notable earnings reports from Friday include:

First Citizens Banc Corp (FCZA) reported first quarter EPS of $0.22, compared to last year’s EPS of $0.21 on revenue of $13.11 million.

Stocks reporting earnings today include:

Hasbro, Inc. (HAS) is expected to report first quarter EPS of $0.10 on revenue of $689.97 million, compared to last year’s EPS of $0.05 on revenue of $663.69 million.

Kimberly-Clark Corporation (KMB) is expected to report first quarter EPS of $1.47 on revenue of $5.31 billion, compared to last year’s EPS of $1.48 on revenue of $5.32 billion.

Netflix, Inc. (NFLX) is expected to report first quarter EPS of $0.83 on revenue of $1.27 billion, compared to last year’s EPS of $0.05 on revenue of $1.02 billion.

United Health Group Incorporated (UNH) is expected to report first quarter EPS of $1.09 on revenue of $32.52 billion, compared to last year’s EPS of $1.16 on revenue of $30.34 billion.

Today’s Featured Dow Stock

Wal-Mart Stores Inc. (WMT)

Wal-Mart Stores Inc. (WMT) is down -1.31% year-to-date.

Financial Calendar

0830 ET Mar Chicago Fed national activity index expected +0.06 to 0.20, Feb 0.14.

1000 ET Mar leading indicators expected +0.7%, Feb +0.5%.

1100 ET USDA weekly grain export inspections.

1600 ET USDA weekly crop progress.

DJIA Market Happenings For Thursday, April 17, 2014

Dow stocks at 52 week highs include Intel (INTC) and Johnson & Johnson (JNJ). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +15 points.

Wednesday, the Dow closed up +162.29 (+1.00%) at 16,424.85.

Year-to-date the Dow is down -0.92%.

American Express (AXP) reported Q1 EPS of $1.33, higher than consensus of $1.30.

General Electric (GE) reported Q1 EPS of 33 cents, better than consensus of 32 cents.

International Business Machines (IBM) shares are down nearly 4% in premarket trading after it reported Q1 adjusted EPS of $2.54, right on consensus, although Q1 revenue of $22.50 billion was below consensus of $22.91 billion.

The Labor Department today reported that jobless claims increased by 2,000 to 304,000 in the week ended April 12 from a revised 302,000 the prior period that was the lowest since September 2007. The median forecast called for an increase to 315,000. The total number of people receiving benefits fell to the lowest since the last recession began. The four-week average of claims, a less-volatile measure than the weekly figure, dropped to 312,000, the lowest since October 2007, from 316,750 the week before.

The main U.S. market indexes have rallied by roughly 2.5% over the past week.

My favorite indicator is flashing a buy this morning and I may get long again as long as my indicators don’t turn tail before the close. That said I probably won’t fully commit at this buy signal as it is not as committed as the 2/7/14 entry point was. Neither was the signal on 4/1/14 that ultimately failed. (And the markets are down now 6:50 am PDT) You know, it might be better to wait until Monday to buy back in. I guess I’m on the fence.

This is the last trading day of the week with the Good Friday holiday tomorrow.

European stocks are lower and Asian stocks ended mixed.

The national average price of gasoline is up four-tenths of a cent to $3.657 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.

Coca Cola (KO) reported earnings on 4/15/2014 before the market open of $0.44/share, meeting consensus.

Johnson & Johnson (JNJ) reported earnings on 4/15/2014 before the market open of $1.54/share, beating consensus of $1.48/share.

Intel (INTC) reported earnings on 4/15/2014 after the market close $0.38/share beating consensus of $0.37/share.

American Express (AXP) reported earnings on 4/16/2014 after the market close of $1.33/share beating consensus of $1.30/share.

International Business Machines (IBM) reported earnings on 4/16/2014 after the market close of $2.54/share, meeting consensus.

Dupont (DD) will report earnings on 4/17/2014 before the market open.

General Electric (GE) will report earnings on 4/17/2014 before the market open.

Goldman Sachs will report earnings on 4/17/2014 before the market open.

UnitedHealth (UNH) will report earnings on 4/17/2014 before the market open.

McDonalds (MCD) will report earnings on 4/22/14 before the market open.

Travelers (TRV) will report earnings on 4/22/14 before the market open.

United Technologies (UTX) will report earnings on 4/22/14 before the market open.

AT&T (T) will report earnings on 4/22/14 after the market close.

Boeing (BA) will report earnings on 4/23/14 before the market open.

Procter & Gamble (PG) will report earnings on 4/23/14 before the market open.

Caterpillar (CAT) will report earnings on 4/24/14 before the market open.

3M (MMM) will report earnings on 4/24/14 before the market open.

Verizon VZ will report earnings on 4/24/14 before the market open.

Micrososft (MSFT) will report earnings on 4/24/14 after the market close.

Visa (V) will report earnings on 4/24/14 after the market close.

Merck (MRK) will report earnings on 4/29/14 before the market open.

Notable earnings reports from Wednesday include:

American Express Company (AXP) reported first quarter EPS of $1.15, compared to last year’s EPS of $1.15 on revenue of $7.88 billion.

International Business Machines (IBM) reported first quarter EPS of $3.00, compared to last year’s EPS of $3.00 on revenue of $23.41 billion.

Bank Of America Corporation (BAC) reported a first quarter loss of $0.05, compared to last year’s EPS of $0.10 on revenue of $23.50 billion.

Google Inc. (GOOG) reported first quarter EPS of $10.00, compared to last year’s EPS of $0.23 on revenue of $503.85 million.

Stocks reporting earnings today include:

General Electric Company (GE) is expected to report first quarter EPS of $0.32 on revenue of $34.55 billion, compared to last year’s EPS of $0.39 on revenue of $35.01 billion.

Goldman Sachs Group, Inc. (GS) is expected to report first quarter EPS of $3.60 on revenue of $8.83 billion, compared to last year’s EPS of $4.29 on revenue of $10.09 billion.

Morgan Stanley (MS) is expected to report first quarter EPS of $0.62 on revenue of $8.69 billion, compared to last year’s EPS of $0.61 on revenue of $8.48 billion.

Pepsico, Inc. (PEP) is expected to report first quarter EPS of $0.75 on revenue of $12.43 billion, compared to last year’s EPS of $0.77 on revenue of $12.58 billion.

Today’s Featured Dow Stock

Visa Inc. (V)

Visa Inc. (V) is down -5.98% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected +15,000 to 315,000, previous -32,000 to 300,000. Weekly continuing claims expected +2,000 to 2.778 million, previous -62,000 to 2.776 million.

0830 ET USDA weekly Export Sales.

1000 ET Apr Philadelphia Fed manufacturing index expected +1.0 to 10.0, Mar +15.3 to 9.0.

1100 ET Treasury announces amounts of 2-year T-notes (previous $32 billion), 5-year T-notes (previous $35 billion) and 7-year T-notes (previous $29 billion) to be auctioned Apr 22-24.

1300 ET Treasury auctions $18 billion 5-year TIPS.

The Dow Market Happenings For Wednesday, April 16, 2014

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +52 points.

Tuesday, the Dow closed up +89.32 (+0.55%) at 16,262.56.

Year-to-date the Dow is down -1.89%.

Intel (INTC) shares are up 1% in after-hours trading after it reported Q1 EPS of 38 cents, better than consensus of 37 cents, but dow from 40 cents last year.

UnitedHealth (UNH) was downgraded to ‘Neutral’ from ‘Buy’ at Citigroup.

European stocks are higher and Asian stocks ended mostly higher.

The national average price of gasoline is up one cent to $3.653 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.

Coca Cola (KO) reported earnings on 4/15/2014 before the market open of $0.44/share, meeting consensus.

Johnson & Johnson (JNJ) reported earnings on 4/15/2014 before the market open of $1.54/share, beating consensus of $1.48/share.

Intel (INTC) reported earnings on 4/15/2014 after the market close $0.38/share beating consensus of $0.37/share.

American Express (AXP) will report earnings on 4/16/2014 after the market close.

IBM will report earnings on 4/16/2014 after the market close.

Dupont (DD) will report earnings on 4/17/2014 before the market open.

General Electric (GE) will report earnings on 4/17/2014 before the market open.

Goldman Sachs will report earnings on 4/17/2014 before the market open.

UnitedHealth (UNH) will report earnings on 4/17/2014 before the market open.

McDonalds (MCD) will report earnings on 4/22/14 before the market open.

Travelers (TRV) will report earnings on 4/22/14 before the market open.

United Technologies (UTX) will report earnings on 4/22/14 before the market open.

AT&T (T) will report earnings on 4/22/14 after the market close.

Boeing (BA) will report earnings on 4/23/14 before the market open.

Procter & Gamble will report earnings on 4/23/14 before the market open.

Caterpillar (CAT) will report earnings on 4/24/14 before the market open.

3M (MMM) will report earnings on 4/24/14 before the market open.

Verizon VZ will report earnings on 4/24/14 before the market open.

Micrososft (MSFT) will report earnings on 4/24/14 after the market close.

Visa (V) will report earnings on 4/24/14 after the market close.

Merck (MRK) will report earnings on 4/29/14 before the market open.

Notable earnings reports from Tuesday include:

Coca-Cola Company (KO) reported first quarter EPS of $0.44 on revenue of $10.58 billion, compared to last year’s EPS of $0.46 on revenue of $11.04 billion.

Intel Corporation (INTC) reported first quarter EPS of $0.38 on revenue of $12.76 billion, compared to last year’s EPS of $0.40 on revenue of $12.58 billion.

Johnson & Johnson (JNJ) reported first quarter EPS of $1.54 on revenue of $18.12 billion, compared to last year’s EPS of $1.44 on revenue of $17.50 billion.

CSX Corporation (CSX) reported first quarter EPS of $0.41 on revenue of $2.99 billion, compared to last year’s EPS of $0.45 on revenue of $2.96 billion.

Yahoo! Inc. (YHOO) reported first quarter EPS of $0.38 on revenue of $1.09 billion, compared to last year’s EPS of $0.38 on revenue of $1.07 billion.

Stocks reporting earnings today include:

American Express Company (AXP) is expected to report first quarter EPS of $1.29 on revenue of $8.36 billion, compared to last year’s EPS of $1.15 on revenue of $7.88 billion.

International Business Machines (IBM) is expected to report first quarter EPS of $2.54 on revenue of $22.94 billion, compared to last year’s EPS of $3.00 on revenue of $23.41 billion.

Bank Of America Corporation (BAC) is expected to report first quarter EPS of $0.28 on revenue of $22.51 billion, compared to last year’s EPS of $0.10 on revenue of $23.50 billion.

Google Inc. (GOOG) is expected to report first quarter EPS of $0.23 on revenue of $526.41 million, compared to last year’s EPS of $0.23 on revenue of $503.85 million.

Today’s Featured Dow Stock

Verizon Communications Inc. (VZ)

Verizon Communications Inc. (VZ) is down -4.52% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous -1.6% with purchase sub-index +2.7% and refi sub-index -4.9%.

0800 ET Fed Governor Jeremy Stein speaks at the Atlanta Feds Financial Markets Conference on the topic Was Quantitative Easing Needed to Unstick Markets? Or Has It Merely Sped Us Toward The Next Crisis?

0830 ET Mar housing starts expected +7.0% to 970,000, Feb -0.2% to 907,000. Mar building permits expected -0.3% to 1.010 million, Feb +7.3% to 1.014 million.

0915 ET Mar industrial production expected +0.5%, Feb +0.6% m/m. Mar manufacturing production expected +0.6%, Feb +0.8%. Mar capacity utilization expected +0.3 to 78.7%, Feb +0.3 to 78.4%.

1030 ET EIA Weekly Petroleum Status Report.

1130 ET Atlanta Fed President Dennis Lockhart delivers closing remarks at the Atlanta Feds Financial Markets Conference.

1215 ET Fed Chair Janet Yellen speaks to the Economic Club of New York.

1325 ET Dallas Fed President Richard Fisher speaks on the U.S> and regional economic outlook at the Texas Public Policy Foundation Conference in Austin, TX.

1400 ET Fed Beige Book.