Baystreet Staff - Friday, January 15, 2021 Shortened Week in U.S. as Biden Sworn In MondayU.S.Markets closed for Martin Luther King DayTuesdayU.S.Featured EarningsBank of America Corporation (NYSE:BAC) (Q4) EPS projected to be 55 cents, compared to 74 cents in the prior-year quarter.Goldman Sachs (NYSE:GS) (Q4) EPS projected to be $6.68, compared to $4.69 in the prior-year quarter.J.B. Hunt Transport Services Inc. (NASDAQ:JBHT) (Q4) EPS projected to be $1.28, compared to $1.35 in the prior-year quarter.Netflix (NASDAQ:NFLX) (Q4) EPS projected to be $1.38, compared to $1.30 in the prior-year quarter.CanadaEconomic lookaheadMonthly Survey of Manufacturing (Nov.) Manufacturing sales rose 0.3% to $54.1 billion in October on higher sales of non-durable products. Nevertheless, sales in the manufacturing sector were 3.0% below their pre-pandemic levels in February.Wholesale Trade (Nov.) The sale of wholesale products rose 1.0% in October to $66.7 billion. It was the sixth consecutive increase for the sector.WednesdayU.S.Economic lookaheadNational Association of Home Builders index (Jan.)Inauguration of Joe Biden as President (12 p.m. EST)Featured EarningsAlcoa Corporation (NYSE: AA) (Q4) EPS projects for a gain of 16 cents, compared to a loss of 31 cents in the prior-year quarterFastenal Company (NASDAQ:FAST) (Q4) EPS projected to be 33 cents, compared to 31 cents in the prior-year quarterMorgan Stanley (NYSE:MS) (Q4) EPS projected to be $1.24, compared to $1.20 in the prior-year quarterProcter & Gamble (NYSE:PG) (Q2) EPS projected to be $1.51, compared to $1.42 in the prior-year quarterCanadaEconomic lookaheadBank of Canada Rate Announcement (10 a.m. EST) (Dec.) The Bank of Canada maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at 0.5% and the deposit rate at 0.25%.Consumer Price Index (Dec.) Inflation rose 1.0% on a year-over-year basis in November, up from a 0.7% increase in October. On a seasonally adjusted monthly basis, the CPI rose 0.3% in November, matching the increase in October.ThursdayU.S.Economic LookaheadInitial Jobless Claims (Jan. 14)Housing starts (Dec.)Building Permits (Dec.)Featured EarningsCitrix Systems, Inc. (NASDAQ:CTXS) (Q4) EPS projected to be 81 cents, compared to $1.25 in the prior-year quarterKeyCorp (NYSE: KEY) (Q1) EPS projected to be 43 cents, compared to 48 cents in the prior-year quarterPPG (NYSE:PPG) (Q4) EPS projected to be $1.57, compared to $1.31 in the prior-year quarterThe Travelers Companies, Inc. (NYSE: TRV) (Q4) EPS projected to be $2.97, compared to $3.32 in the prior-year quarterCanadaEconomic LookaheadNew Housing Price Index (Dec,) New home buyers saw prices rise 0.6% in November at the national level, with prices up in 21 of the 27 census metropolitan areas surveyed.Featured EarningsRichelieu Hardware (TSX:RCH) (Q4) EPS projected to be 39 cents, compared to 50 cents in the prior-year quarterFridayEconomic lookaheadMarkit manufacturing Purchasing Managers Index (Jan.)Markit services PMI (Jan.)Existing Home Sales (Dec.)Featured EarningsAlly Financial (NYSE: ALLY) (Q4) EPS projected to be $1.01, compared to 95 cents in the prior-year quarterHuntington Bancshares Incorporated (NASDAQ:HBAN) EPS projected to be 30 cents, compared to 28 cents in the prior-year quarterSchlumberger Limited (NYSE:SLB) (Q4) EPS projected to be 17 cents, compared to 39 cents in the prior-year quarterCanadaEconomic lookaheadRetail Trade (Nov.) Retail sales edged up 0.4% to $54.6 billion in October, marking the sixth consecutive monthly increase since the record decline in April.Featured EarningsMetalla Royalty & Streaming Ltd. (TSX: MTA) (Q2) EPS projected to be 1.3 cents, compared to five cents in the prior-year quarter
