Tainted Alpha

Important U.S. earnings this week:

• Monday: Lockheed Martin (LMT), AFLAC (AFL), EI DuPont de Nemours & Co. (DD), Norfolk Southern (NSC), ACE (ACE), Thermo Fisher Scientific (TMO), Occidental Petroleum (OXY)
• Tuesday: Corning (GLW), Express Scripts (ESRX), 
• Wednesday: WellPoint (WLP), Praxair (PX), Comcast (CMCSA), General Dynamics (GD), Boeing (BA), Visa (V), ConocoPhillips (COP), Dominion Resources (D), Newmont Mining (NEM), Southern Company (SO)
• Thursday: Colgate-Palmolive (CL), Franklin Resources (BEN), Raytheon (RTN), Automatic Data Processing (ADP), Celgene  (CELG), Motorola (MOT), CME Group (CME), Amgen (AMGN), Kellogg (K), MetLife (MET)
• Friday: Chevron (CVX), McKesson (MCK), Merck & Co (MRK), Simon Property Group (SPG)

Important U.S. economic data:

• Monday: Chicago Fed National Activity Index, New Home Sales
• Tuesday: ICSC-Goldman Store Sales, Redbook, S&P Case-Shiller HPI, Consumer Confidence, State Street Investor Confidence Index
• Wednesday: MBA Purchase Applications, Durable Goods Orders, EIA Petroleum Status Report, Beige Book
• Thursday: Jobless Claims, EIA Natural Gas Report, Fed Balance Sheet, Money Supply
• Friday: GDP, Employment Cost Index, Chicago PMI, Consumer Sentiment, Farm Prices