The Week Ahead: Traders Await Fed Decision, Yellen Remarks

Traders will be watching the Federal Open Market Committee (FOMC) meeting for news on possible interest rate moves this year

Mar 10, 2016 at 5:00 PM
facebook twitter linkedin


With earnings season winding down, most of the focus next week will be on a flood of data -- including the latest stats on inflation, housing, retail sales, and consumer sentiment. However, the spotlight for the week will be firmly pointed on the Federal Open Market Committee (FOMC) meeting, as policymakers debate their next steps on interest rates and monetary policy. Meanwhile, Federal Reserve Chair Janet Yellen is slated to deliver her first post-meeting press conference since the December rate hike.

Below is a brief list of some key stock market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates. 

Monday, 3/14

There are no notable economic reports due out on Monday. Fuel Tech (FTEK), MannKind (MKND), Rosetta Stone (RST), and Solazyme (SZYM) will release their quarterly earnings reports. 

Tuesday, 3/15

The producer price index (PPI), retail sales, Empire State manufacturing index, NAHB housing market index, and business inventories will be released, along with Treasury International Capital (TIC) data. The FOMC meeting will also kick off. Notable earnings reports will come from 3D Systems (DDD), DSW (DSW), JA Solar (JASO), Oracle (ORCL), and Valeant Pharmaceuticals (VRX).

Wednesday, 3/16

The consumer price index (CPI), housing starts, and industrial production and capacity utilization are due out, along with the regularly scheduled report on crude inventories. But the Fed's interest rate decision is the highlight of the day's economic calendar, with the 2 p.m. ET announcement followed by a 2:30 press conference with Fed Chair Janet Yellen. Ctrip.com (CTRP), FedEx (FDX), Guess (GES), Jabil Circuit (JBL), and Silver Wheaton (SLW) will step into the earnings confessional. 

Thursday, 3/17

Weekly jobless claims will headline the day, along with the Philadelphia Fed business outlook survey and the Labor Department's Job Openings and Labor Turnover Survey (JOLTS). Adobe Systems (ADBE), Aeropostale (ARO), International Game Technology (IGT), Lands' End (LE), and Shoe Carnival (SCVL) are due to report quarterly earnings.

Friday, 3/18

The preliminary Thomson Reuters/University of Michigan consumer sentiment index is the major economic report due Friday. On the earnings front, Tiffany & Co (TIF) is set to report. 

Sign up now for Schaeffer's Market Recap to get all the day's big stock movers, must-know technical levels, and top economic stories straight to your inbox.

 

If you are not making money with options, you aren’t buying options like this…

There is no options strategy that more perfectly approaches trading the fastest moving and most volatile stocks available in the marketplace than this one. In fact, there is no strategy that better utilizes put options for optimal returns and a real trading edge over other traders in the exact same market. New options traders fail out at an incredible rate without proper trade research, execution timing, and option picking. Capitalize on Schaeffer’s 100+ years of options trading excellence with the most coveted product launch in company history. Don't waste another second... join us right now before the next round of trades are released!

Schaeffer's Investment Research Master Portfolio Trial
 


 


 
Special Offers from Schaeffer's Trading Partners