The Week Ahead
The week ahead will be busier in terms of macroeconomic releases and high-profile corporate earnings than was last week. Then, there will be the plethora of fed speakers that will crawl out of their holes publicly now that we are past the election and last week's policy meeting.
On the macro side, October CPI is due this Wednesday. Coming off of the 2.4% year over year growth print for September, most of the street is up around 2.6% for this release. October Producer Prices will hit the tape on Thursday, where we are expecting to see a more pronounced increase from September than we'll get for consumer pricing. On Friday, October Retail Sales and Industrial Production will be released. The Atlanta Fed will revise its GDPNow model for the fourth quarter that day.
Between Tuesday and Thursday, I am tracking at least twelve public appearances by high-ranking Fed officials. The headliner will be the Fed Chair himself who speaks from Dallas on Thursday Afternoon.
As for corporate earnings results, we do not have the sheer numbers that we have seen in recent weeks, but we will hear from a number of headline level firms. The notables include Home Depot (HD) on Tuesday morning, followed by RocketLab USA (RKLB) and Spotify (SPOT) on Tuesday evening. Wednesday will open with Shopify (SHOP) and close with Cisco Systems (CSCO), while the Walt Disney Company (DIS) reports on Thursday morning and Alibaba (BABA) reports on Friday morning.
I am long RKLB.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
NYSE floor trader for over 30 years. Day trader, long-term investor, and anything in between.
909Followers
447Following
2110Visitors
Follow
Space Dust : Oil
is the big 
in world affairs. 
company, supply and demand dictates we can't flood the market without a penalty.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
edit. forgot 5. which is huge quandary.
1. USA is already a huge player in oil, we have ALREADY
2. " drill baby drill" is disingenuous and taking advantage of the clueless.
3. How ELSE can Russia be harmed financially after sanctions? hurt the oil price, hurts adversaries more than the USA. we feel pain, they feel more strategy.
4. Consensus is that the Strategic Oil Reserve is being expanded so wouldn't it be better at a lower price?
5. a. with so many nations depending on THEIR oil
b. harming Latin American oil nations is also a benefit for the USA to expand it's influence and bring to heal those brics desires.
Somewhere in these incoherent ramblings is a breadcrumb maybe?.
Sarge, thank you for your time.
My 2 biggest daily questions
what year are we in on a 1920's metric
what year are we in on a 1990's metric
what decade metric should we be looking at besides these 2 that everyone looks at?
or, Do you think these 2 are the most compared to for a valid reason?