In 'What's Ahead on Wall Street' for Tuesday Mar. 1, there are a few more earnings on tap but the key ones investor will be watching are JD.com (JD), AutoZone (AZO), Dollar Tree (DLTR) and Kate Spade (KATE) all reporting in the morning, followed by Ross Stores (ROST) in the afternoon. When Kate Spade releases results, analysts are looking for profits of $0.32 a share on revenue of about $442 million. Investors will be looking at this report against a weak retail landscape. But, analysts are hopeful since its rivals Coach and Michael Kors both posted strong results for the recent quarter. It appears that Kate's top and bottom line will likely rise from a year ago. On the economic calendar, investors will get auto sales for the month of February. In the morning, they'll also get the PMI or purchasing managers' manufacturing index followed by construction spending. 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.