Nike Earnings, Inflation Data Headline Mostly Quiet Week

A few big names will release earnings throughout the week

Digital Content Manager
Mar 17, 2022 at 1:00 PM
facebook twitter linkedin


Wall Street will be relatively muted next week, giving investors plenty of time to digest the Federal Reserve's latest interest rate decision. Both the Markit manufacturing and services purchasing managers' indexes (PMI) are due out Thursday, offering additional insight into the state of inflation in the U.S., while new home sales data and the pending home sales index will be economic indicators to watch as well. 

A few big names will highlight a mostly quiet week for earnings. These include Nike (NKE), Adobe (ADBE), Carnival (CCL), Cintas (CTAS), Darden Restaurants (DRI), General Mills (GIS), KB Home (KBH), RH (RH), NIO (NIO), and Tencent Music Entertainment (TME).

Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.

The Chicago Fed national activity index will be due out on Monday, March 21.

Nothing is scheduled for Tuesday, March 22.

On Wednesday, March 23, investors will pore over new home sales data.   

Thursday, March 24 will bring on initial and continuing jobless claims, data on durable goods orders, core capital orders, and the current account deficit. More inflation data will be out by way of the flash Markit manufacturing PMI, in addition to the services PMI for March.

Things will remain quiet on Friday, March 25, with the final University of Michigan (UM) consumer sentiment index due, as well as the final five-year inflation expectations, and the pending home sales index.

 

Stop leaving money on the table with the same old broken options trading approach...

There is no options strategy that more perfectly capitalizes during earnings season better than this simple call and put buying strategy. Perfect for aggressive traders looking to recover their suffering portfolios so far in 2022. With the simplest possible options strategy, Schaeffer's team with 100+ years of options trading excellence, target 200% gains on every single trade. So many trades are being beaten down by the market, but don't be one of them! Don't waste another second... join us right now before the next trade is released! 

 
Best stocks for October and worst stocks for October
 


 


 
Special Offers from Schaeffer's Trading Partners