Schaeffer's Top Stock Picks for '25

Holiday-Shortened Week Brings Fed Speeches, Jobs Data

Several Fed leaders will step up to the proverbial podium this week

Digital Content Manager
Aug 29, 2019 at 1:44 PM
facebook X logo linkedin


Next week will be short -- with markets closed on Monday in observance of Labor Day -- but packed to the gills with economic data and Fed speeches. Several Fed presidents -- including John Williams, James Bullard, and Charles Evans -- will take the stage. Elsewhere, Wall Street will digest reports on manufacturing activity, and the week will culminate in the highly anticipated nonfarm payrolls report for August. Lululemon Athletica (LULU) and Slack (WORK) will highlight a relatively muted earnings week. 

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 for Labor Day on Monday, Sept. 2.

On Tuesday, Sept. 3, markets will reopen with the Institute for Supply Management's (ISM) manufacturing index, Markit's purchasing managers manufacturing index (PMI), and data on construction spending all set for release. Boston Fed President Eric Rosengren will speak after the close. There are no notable earnings scheduled for release.

International trade data and the Fed's Beige Book are due out on Wednesday, Sept. 4. Speeches from New York Fed President John Williams, Fed Governor Michelle Bowman, St. Louis Fed President James Bullard, and Chicago Fed President Charles Evans will trickle in throughout the day. Earnings from American Eagle Outfitters (AEO), Michaels Stores (MIK), Palo Alto Networks (PANW), Pivotal Software (PVTL), and Slack (WORK) are on the docket. 

Thursday, Sept. 5, is packed with economic reports, including the Fed balance sheet, weekly jobless claims, the ADP employment report, the ISM non-manufacturing index, as well as data on crude inventories, factory orders, and productivity and costs. Traders can expect quarterly reports from Ciena (CIEN), CrowdStrike (CRWD), DocuSign (DOCU), Kirklands (KIRK), Lands' End (LE), lululemon athletica (LULU), Signet Jewelers (SIG), Zoom Video (ZM), and Zumiez (ZUMZ). 

August payrolls data will cap the week on Friday, Sept. 6. National Beverage (FIZZ) will step into the earnings confessional.

 
 

You have the chance to join one of Bernie's most exclusive programs, complete access at HUGE savings!

As we prepare for a new administration to take the reins in Washington, the near-term market landscape is rife with uncertainty.

The Federal Reserve has already hinted at the turbulence ahead, lowering its interest rate outlook for 2025.

Meanwhile, breakthroughs in artificial intelligence (AI), quantum computing, and other transformative sectors have unlocked incredible profit potential.

But these opportunities are fleeting, and timing is everything. That's where Quick-Hit Trader comes in.

Quick-Hit Trader is designed for precision and speed, getting you in and out of the market in a flash. While other investors scramble to navigate volatile conditions, you'll have access to expertly curated trades that leverage these rapid shifts to deliver explosive profits in short order.

This is your chance to capitalize on the fast-moving market like never before. Are you ready to make your move?