For Thursday's October 22, TheStreet points out some of the biggest companies releasing their financial data. Some of them reporting before the opening bell include McDonald's (MCD), 3M (MMM), El Lilly & Co. (LLY), Union Pacific (UNP), Dow Chemical (DOW), Caterpillar (CAT), Southwest Airlines (LUV), United Continental (UAL), and Under Armour (UA). Then, after the market close, we hear from Alphabet (GOOGL), Microsoft (MSFT), Amazon (AMZN), and AT&T (T). When e-commerce giant Amazon.com comes out with its third quarter fiscal 2015 figures, analysts are calling for a loss of $0.12 a share on revenue of nearly $25 billion. Compared to a year ago, the company is expected to do better on both the top and bottom line. There are two major reports to look out for on the economic calendar. We get jobless claims at 8:30 a.m. Eastern, followed by existing home sales shortly after. TheStreet's U-Jin Lee reports in New York.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.