Welcome to Seeking Alpha's Wall Street Brunch, our Sunday look ahead to this week's

market-moving events, along with the weekend's top news and analysis.

Hello, today is Monday, February 17th, and I'm your host, Kim Kahn.

This is a special President's Day edition of Wall Street Brunch.

Focus will be stock-specific this holiday short and trading week, with the economic calendar

relatively light. Two big household names will draw special attention, Apple and Walmart.

On Wednesday at noon Eastern time, Apple will host a launch event. The announcement is expected

to be conducted through a press release and promotional materials

rather than a live-streamed keynote. A fourth-generation iPhone SE is widely expected to be featured,

although there is speculation about a new MacBook air, a new iPod air, or a surprise reveal.

Walmart reports fiscal Q4 earnings before the bell on Thursday, and investors will be anxious

for any commentary

about the impact of tariffs on China. According to SA analyst Jeffrey Fisher, Walmart concede

that a significant amount of merchandise is sourced internationally, but how much and from where?

Several online sources offered varied estimates, but all of them suggest that products from China

represented well more than 50% of the items

on North American Walmart shelves. He estimates a hit on EPS could potentially boost Walmart's

PE above 100 times. Anlesser forecasting a quarterly EPS of 65 cents on sales of nearly

$179 billion. Revisions have been bearished in the last 90 days, with 18 downward revisions to EPS numbers compared to nine upward revisions.

On the top line, there have been 11 upward revisions and 10 downward revisions.

But seeking Alpha Analysts Skeptical 2 says,

Walmart should be able to accelerate earnings growth with increased share buybacks as cash flow continues to grow,

...