Earnings Season Set to Kick Off With Blue-Chip, Bank Deluge

Jobs data remains closely watched

Assistant Editor
Oct 8, 2020 at 2:11 PM
facebook twitter linkedin

With the second stimulus supposedly postponed until after the upcoming election, investors will be eyeing data for clues into how the economy is faring. This upcoming week highlights the consumer side, with retail and manufacturing data scheduled. As always of late, jobs data on Thursday will prove to be an important indicator. But the big news will be the unofficial start to another earnings season, with several banks giving their quarterly reports. On top of that, Dow names Johnson & Johnson (JNJ), JPMorgan Chase (JPM), UnitedHealth (UNH), and Walgreens Boot Alliance (WBA) will report earnings.

Below is a brief list of some key market events and a few high-profile earnings releases 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.

The week starts slow on Monday, October 12, with no economic data or earnings scheduled for the Columbus Day holiday. 

On Tuesday, October 13, investors will be looking at the core consumer price index (CPI). Meanwhile, Citigroup (C), Fastenal (F), First Republic Bank (FRC), Johnson & Johnson, and JPMorgan Chase are on the earnings docket. 

By Wednesday, October 14, the producer price index (PPI) is on tap, while Bank of America (BAC), PNC (PNC), Progressive (PGR), U.S. Bancorp (USB), UnitedHealth, and Wells Fargo (WFC) will all report earnings. 

Thursday, October 15, gets busier with initial and continuous jobless claims, the import price index, the Philadelphia Fed Manufacturing Index, and the Empire State Manufacturing Index. Also, Morgan Stanley (MS) and Walgreens Boot Alliance are slated to release earnings.

And finally on Friday, October 16, core retail sales and consumer sentiment data will be released, along with earnings from Ally Financial (ALLY) and Citizens Financial Group (CFG). 


If you are not making money with options, you aren’t buying options like this…

There is no options strategy that more perfectly approaches trading the fastest moving and most volatile stocks available in the marketplace than this one. In fact, there is no strategy that better utilizes put options for optimal returns and a real trading edge over other traders in the exact same market. New options traders fail out at an incredible rate without proper trade research, execution timing, and option picking. Capitalize on Schaeffer’s 100+ years of options trading excellence with the most coveted product launch in company history. Don't waste another second... join us right now before the next round of trades are released!

Schaeffer's Investment Research Master Portfolio Trial


Special Offers from Schaeffer's Trading Partners