2020 Brings Manufacturing Data, Auto Sales

The ISM manufacturing index is due Friday, Jan. 2

Managing Editor
Dec 26, 2019 at 12:53 PM
facebook twitter linkedin


The end of 2019 and beginning of 2020 will be quiet on both the earnings and economic fronts. While Chinese truck and auto manufacturer Nio (NIO) is scheduled to release its quarterly report on Monday, Dec. 30, the Chicago purchasing managers index (PMI), consumer confidence, and construction spending will also be in focus throughout the holiday-shortened week.

Below is a brief list of some key market events scheduled for the upcoming week. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

On Monday, Dec. 30, pending home sales and the Chicago purchasing managers index (PMI) will be released. For earnings, NIO (NIO) is on the docket. 

The S&P CoreLogic/Case Shiller home price index and consumer confidence index will hit on Tuesday, Dec. 31. Meanwhile, no earnings are expected and markets will maintain regular operating hours for the New Year's Eve holiday.

The stock market will be closed Wednesday, Jan. 1, for New Year's Day. Weekly jobless claims, weekly crude inventories, and the Markit manufacturing PMI will roll in on Thursday, Jan 2. For Friday, Jan. 3, the Institute for Supply Management (ISM) manufacturing index, construction spending, and motor vehicle sales data is due out. No notable earnings are expected on Thursday or Friday.

 

Minimize Risk While Maximizing Profits

There is no options strategy like this one, which consistently minimizes risk while maintaining maximum profits. Perfect for traders looking for ways to control risk, reduce losses, and increase the likelihood of success when trading calls and puts. The Schaeffer’s team has over 41 years of options trading success targeting +100% gains on every trade. Rest assured your losses are effectively limited to your initial cost at the time of making your move! Don't waste another second... join us right now before the next trade is released! 

 

300x250 - Banner 3 - v1