Big tech names have already reported, but Snap and Nvidia will report in the new week
Most of the big tech names have reported. As a result, next week's earnings calendar is more focused on retail. Here is a list of the major earnings announcements in the new week:
Monday
- CVS Health
- Sysco
- Mylan
- Michael Kors
- Cardinal Health
Tuesday
- Toyota
- Valeant
- Royal Caribbean
- Snap Inc.
Wednesday
- 21st Century Fox
- Monster beverage
- Nissan
- Square
Thursday
- Adidas
- Disney
- Macy's
- Nordstrom
- Nvidia
Friday
- JCPenney
Whenever someone recommends a retail stock, and I get intrigued by the story, I tell myself to "Lie down until the feeling goes away". It is just too damn hard to predict the fickleness of consumer buying habits.
One time I liked a Michael Kors watch I received. It was stylish (to me), not too expensive. It did not have Seiko on it. It told time. So I bought the stock....Apparently, the idea was not a good idea.