Tuesday, February 28, 2017

Monday, February 27, 2017

US Weekly Economic Calendar

time (et)

report period ACTUAL forecast previous
MONDAY, FEB. 27
8:30 am Durable goods orders Jan.   1.6% -0.5%
8:30 am Core capital equipment orders Jan.   -- 0.7%
10 am Pending home sales Jan.   -- 1.6%
TUESDAY,  FEB. 28
8:30 am Gross domestic product Q4   2.1% 1.9%
8:30 am Advance trade in goods Jan.
-$66.2bln -$65.0bln
9 am Case-Shiller home price index Dec.   -- 5.6%
9:45 am Chicago PMI Feb.   -- 50.3
10 am Consumer confidence index Feb.   111.5 111.8
WEDNESDAY, MARCH 1
8.30 am Personal income Jan.   0.3% 0.3%
8:30 am Consumer spending Jan.   0.4% 0.5%
8:30 am Core inflation Jan.   0.3% 0.1%
9:45 am Markit manufacturing PMI Feb.   -- 55.0 (Jan.)
10 am ISM manufacturing Feb.   56.3% 56.0%
10 am Construction spending Jan.   0.5% -0.2%
2 pm Beige book        
Varies Motor vehicle sales Feb.   -- 17.5 mln
THURSDAY, MARCH 2
8:30 am Weekly jobless claims 2/24
  --
FRIDAY, MARCH 3
9;45 am Markit services PMI Feb.   -- 55.6 (Jan.)
10 am ISM nonmanufacturing Feb.
56.3% 56.5%

Friday, February 24, 2017

US Weekly Economic Calendar

time (et)

report period ACTUAL forecast previous
MONDAY, FEB. 20
  Presidents' Day holiday
None scheduled
       
TUESDAY,  FEB. 21
9:45 am Markit manufacturing PMI, flash Feb.   -- 55.0
9:45 am Markit services PMI, flash Feb.
-- 55.6
WEDNESDAY, FEB. 22
10 am Existing home sales Jan.   5.55 mln 5.49 mln
2 pm FOMC minutes        
THURSDAY, FEB. 23
8:30 am Weekly jobless claims 2/17
230,000 239,000
8:30 am Chicago Fed national activity index Jan.   -- 0.14
FRIDAY, FEB. 24
10 am New home sales Jan.
583,000 536,000
10 am Consumer sentiment index Feb.   96.0 95.7 (Feb.)

Thursday, February 16, 2017

BGFV Big 5 Sporting Goods


Big Five operates over 4300 retail stores in the U.S. along with a robust ecommerce platform.  The company is profitable and growing eps in recent quarters.  Shares trade at only 0.3x revenues and 14x forward eps.  Strong cash flow, 2 recent upgrade, no downgrades since 2011, and shares pay a fat 4% dividend.  This is a nice long-term value play.  The chart shows a pullback to the 200sma following a massive rally last year.  Look for the dominant uptrend to continue.