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The Week Ahead: Post-Christmas Calm Covers Wall Street

There's little in the way of economic or earnings activity on next week's calendar, as the new year approaches

Dec 22, 2016 at 12:57 PM
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    While the post-Christmas week can lead to outsized moves for certain stocks -- good news for some, not so good for plenty of others -- the earnings and economic docket is bone dry. There are no notable earnings reports to be seen throughout the entire week, while Tuesday and Thursday are the busiest days for economic data. As such, trading volumes may be light, as investors prepare for the new year. 

    Below is a brief list of some key 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.

    Markets will be closed on Monday, Dec. 26 in observance of Christmas. The S&P CoreLogic Case-Shiller home price index and the Conference Board's consumer confidence survey will be released on Tuesday, Dec. 27, along with the Dallas Fed manufacturing survey. 

    Pending home sales make up the economic docket on Wednesday, Dec. 28, while Thursday, Dec. 29 will feature weekly jobless claims, international trade data, and the holiday-delayed update on domestic crude inventories. The Chicago purchasing managers index (PMI) comes out on Friday, Dec. 30.

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    AI has exploded ever since ChatGPT set the world on fire near the end of 2022.

    Numerous companies with connections to artificial intelligence have seen their stocks soar.

    That includes Nvidia, the poster boy of AI.

    Its stock has skyrocketed 716% since ChatGPT’s debut. But here’s the thing …

    While everyone’s still counting their money from this first AI boom … Nvidia and countless others have moved on to the next stage.

    That includes Big Tech, which is currently making a series of peculiar investments in a few strange companies. This has nothing to do with tech. At least on the surface …

    Yet, these strange investments could be the early ripples of a massive wave …Without them, ChatGPT could stop operating … Amazon, Google, Microsoft and more could see profits drop drastically.

    In fact, Elon Musk says these investments are critical when it comes to solving the number one problem facing AI.

    Now, Silicon Valley legend Michael Robinson has identified two companies that could play a significant role in the solution.

    Their stocks just may be the key to AI 2.0.

    Find out more about these two companies today.
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