What to Watch on Wall Street This Week: Last Hurrahs, First Trades and Fresh Friday Horrors

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A USDA inspector examines shell eggs at Cal-Maine Foods in Green Forest, Ark., in 2010.
U.S. Department of Agriculture/FlickrA USDA inspector examines shell eggs at Cal-Maine Foods in Green Forest, Ark., in 2010.
You can never know in advance all the news that will move the market in a given week, but some things you can see coming. From a shelled egg specialist cracking open its latest quarterly results to a successful year for stocks coming to a close, here are some of the things that will help shape the week that lies ahead on Wall Street.

Monday -- Putting All Your Eggs in the Same Basket: Cal-Maine (CALM) makes a cozy living selling shelled eggs, and that's no yolk. Analysts see Cal-Maine reporting a profit of $1.06 a share for its latest quarter when it reports on Monday, well ahead of the 60 cents a share it posted a year earlier.

Cal-Maine will be the last major company to announce fresh financials in 2013. Most companies will be avoiding making waves during the holiday-abridged trading week.

Tuesday -- Let's Send Off 2013 in Style: The final trading day of the year will give the major market exchanges one last chance to pad what has already been a great year of returns. The S&P 500 (^GPSC) has managed to gain 28.5 percent in 2013 through Dec. 25, and the tech-stacked Nasdaq Composite (^IXIC) has fared even better with its 37.6 percent return.

There won't be a lot of time to potentially pad this year's solid run. The market closes three hours earlier to give traders and investors plenty of time to head out to their New Years Eve fetes.

Wednesday -- Happy New Year: The market is closed in observance of New Years Day.

It's going to be hard for 2014 to live up to the market's spectacular returns of 2013.
Stock gains have surpassed earnings growth, making stocks fundamentally more expensive than they were a year ago based on earnings multiples. There will also naturally be uncertainties as to what will happen as the Fed scales back its quantitative easing efforts that have kept interest rates in check. It also remains to be seen what kind of impact increasing health costs will have on corporate America.

This doesn't mean that 2014 will be a dud. The economy has been showing signs of life, and that could very well translate into stronger earnings than analysts have been expecting. Either way, the market will have plenty to prove in the year ahead, but that will have to wait until Thursday when the market kicks off the first trades of 2014.

Thursday -- Package Slip: When it comes to packaging, Landec (LNDC) is a leader in the food and bio-materials markets. The materials science company uses its proprietary polymer and other technologies to do everything from offering fresh-cut veggies to providing medical products to the ophthalmic, orthopedic and veterinary markets.

Landec reports Thursday afternoon. Analysts see an 8 percent increase in revenue, but those same pros see a sharp drop in profitability. Landec fell well short of expectations last time out, so it will be important for it to at least meet Wall Street's profit target.

Friday -- Ghosts at the Multiplex: The "Paranormal Activity" franchise has elevated the "found footage" genre of horror films where a movie is shot form the perspective of amateur videographers chronicling fictional disturbances.

The latest installment -- "Paranormal Activity: The Marked Ones" -- hits movie theaters Friday. January may be an odd time for Viacom's (VIA) Paramount on this release. The first four entries debuted in late September and October to cash in on the Halloween season. It will be interesting to see how the new movie fares at a time that's historically barren of horror films.

Motley Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.


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jdykbpl45

The market will fluctuate!

December 30 2013 at 7:02 AM Report abuse rate up rate down Reply