Fed Meeting In Focus; Earnings Due From FedEx and Nike

Will the Fed maintain its dovish stance?

by Josh Selway

Published on Mar 14, 2019 at 10:30 AM
Updated on Mar 14, 2019 at 10:30 AM

The main focus of the upcoming trading week will be the two-day Federal Open Market Committee (FOMC) meeting, which begins on Tuesday. Investors will be awaiting a Wednesday policy decision to see if the Fed will maintain its dovish stance. There are a few names to watch on the earnings front, too, including delivery giant FedEx (FDX) and blue chip Nike (NKE).

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.

Traders will start the week on Monday, March 18, with the National Association of Home Builders (NAHB) housing market index. The earnings calendar features Lumber Liquidators (LL), Overstock.com (OSTK), and Tilray (TLRY).

Tuesday, March 19, brings the start of the Fed meeting, along with factory orders. Earnings from DSW (DSW), FedEx (FDX), and Tencent Music Entertainment (TME) will be released.

On Wednesday, March 20, the Fed will announce its policy update, followed by a press conference from Fed Chair Jerome Powell. Domestic crude inventories will also come out. General Mills (GIS), Guess? (GES), and Micron (MU) will report earnings.

Jobless claims, Philadelphia Fed business outlook survey, and the Fed balance sheet make up the economic calendar for Thursday, March 21. Earnings releases out of Nike (NKE), Canadian Solar (CSIQ), Conagra (CAG), and Darden Restaurants (DRI) are also due.

Rounding out the week on Friday, March 22, will be Markit's flash composite purchasing managers index (PMI), existing home sales, the Treasury budget, and speeches from Atlanta Fed President Raphael Bostic and Chicago Fed President Charles Evans. The earnings schedule features Hibbett Sporting Goods (HIBB), JinkoSolar (JKS), and Tiffany & Co (TIF).


a schaeffer's exclusive

5 HOT STOCK PICKS

Heat up your summer trading with this FREE insider report!


 
 

Partnercenter


NEW! Explore Schaeffer’s Partners' deals and get connected to top online brokerages with deals tailored exclusively for our readers.  Get answers to your questions regarding transfer fees, commission rates, programs and available discounts related to online trading services.

MORE | MARKETstories


This Might Be the Ultimate Cannabis Stock
This innovative company could help investors see some major upside.
3 Drug Stocks Seeing Unusual Options Trading Today
The FDA approved Sesen's request to move manufacturing for its bladder cancer drug
BofA-Merrill Lynch: Buy This Shoe Stock Before Earnings
The brokerage firm thinks the retailer can rally another 26%
This Might Be the Ultimate Cannabis Stock
This innovative company could help investors see some major upside.