Retail Earnings, Fed Minutes On Deck

The May Fed meeting minutes are due Wednesday

Managing Editor
May 17, 2018 at 1:15 PM
facebook X logo linkedin

Retail earnings will continue to flood Wall Street next week, with Kohl's Corporation (NYSE:KSS), Sears Holdings Corp (NASDAQ:SHLD), and Target Corporation (NYSE:TGT) among the many names set to report. Additionally, all eyes will be on the Federal Reserve, as traders digest the minutes from the May Federal Open Market Committee (FOMC) meeting and an onslaught of central bank speeches looking for clues to a possible June rate hike.

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.

The week kicks off with a busy slate of Fed speeches, with Atlanta Fed President Raphael Bostic, Philadelphia Fed President Patrick Harker, and Minneapolis Fed President Neel Kashkari all scheduled to speak on Monday, May 21. Pure Storage (PSTG) will report.

The economic calendar is bare on Tuesday, May 22. For earnings, Advance Auto Parts (AAP), AutoZone (AZO), Container Store (TCS), Cracker Barrel (CBRL), Dycom (DY), Hewlett Packard (HPE), Intuit (INTU), Kohl's (KSS), TJX (TJX), Toll Brothers (TOL), Red Robin Gourmet Burgers (RRGB), and Urban Outfitters (URBN) are lined up.

Wednesday, May 23, will bring the flash composite purchasing managers index (PMI), weekly crude inventories report, and new home sales data. Most notable, though, is the release of Fed meeting minutes, due out at 2 p.m. ET. (WUBA), Burlington Stores (BURL), Dollar Tree (DLTR), L Brands (LB), Lowe's (LOW), NetApp (NTAP), Ralph Lauren (RL), Sears Holdings (SHLD), Target (TGT), and Tiffany & Co. (TIF) are scheduled to announce quarterly reports.

On Thursday, May 24, New York Fed President William Dudley will take the stage, as will Harker. The Fed's balance sheet, weekly jobless claims, and existing home sales data are expected. Autodesk (ADSK), Best Buy (BBY), Big Lots (BIG), Deckers Outdoor (DECK), Gap (GPS), and Shoe Carnival (SCVL) will report earnings.

Data on durable goods and the University of Michigan's consumer sentiment index are set for release on Friday, May 25, while Chicago Fed President Charles Evans, Dallas Fed President Robert Kaplan, and Bostic will speak. On tap for earnings is Buckle (BKE), Foot Locker (FL), and Hibbett Sports (HIBB).


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI