5MRD

Broadcom Earnings, JOLTS Highlight Upcoming Week

Ambarella, JM Smucker, and Stitch Fix will also report

Managing Editor
May 31, 2018 at 1:15 PM
facebook X logo linkedin


The first full week of June will be relatively quiet. On the economic front, Wall Street will digest the monthly Job Openings and Labor Turnover Survey (JOLTS), as well as data on factory orders and non-manufacturing activity. A handful of earnings are expected to trickle in, including reports from Apple supplier Broadcom (AVGO), as well as retailers Five Below (FIVE), G-III Apparel (GII), and Zumiez (ZUMZ).

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.

On Monday, June 4, data is expected on factory orders, and earnings will be reported by Ascena Retail (ASNA), Casey's General Stores (CASY), JinkoSolar (JKS), and Palo Alto Networks (PANW).

The monthly JOLTS report will be released Tuesday, June 5, as well as Markit's purchasing managers services index (PMI) and the Institute for Supply Management (ISM) non-manufacturing index. Ambarella (AMBA), Duluth (DLTH), Francesca's (FRAN), Genesco (GCO), G-III Apparel (GIII), Navistar (NAV), and Ollie's Bargain Outlet (OLLI) are scheduled to announce quarterly reports.

Wednesday, June 6, will bring a fresh read on the MBA mortgage index, the weekly crude inventories report, international trade data, and productivity and costs. Five Below (FIVE), Secureworks (SCWX), Signet Jewelers (SIG), Thor Industries (THO), United Natural Foods (UNFI), Vera Bradley (VRA), and VeriFone (PAY) will report earnings.

Thursday, June 7, features weekly jobless claims and the Fed's consumer credit report and balance sheet. Broadcom (AVGO), Hovnanian Enterprises (HOV), JM Smucker (SJM), Stitch Fix (SFIX), and Zumiez (ZUMZ) are reporting. 

Friday, June 8 will be a quiet day, with no notable economic data or earnings set to report. 

 

The $25K Day Trading Barrier is Gone

The long-standing Pattern Day Trader (PDT) rule that required many traders to maintain a $25,000 account balance is no longer standing in the way.

That means more traders can actively pursue short-term opportunities without the barrier that kept so many on the sidelines.

Now it's all about having the right strategy.

Dynamite Day Trading Signals helps you hit the ground running with up 2 options trade alerts per week, built to capture fast-moving opportunities.  

👉 Sign up now to receive the next trade

MR content page
 
 
 
 

Follow us on X, Follow us on Twitter