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.

 

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 C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI