Investors Eye Blue-Chip Earnings, Fed Decision Next Week

There will be no shortage of economic indicators to unpack

Digital Content Manager
Jul 20, 2023 at 9:30 AM
facebook X logo linkedin


Though traders will be keeping their eyes peeled as the earnings season heats up, with Big Tech and blue chip companies stepping into the confessional. The star of next week's show is the Federal Open Market Committee's (FOMC) interest rate decision, with a fresh batch of economic indicators to follow.

In terms of the earnings docket, expect reports from 3M (MMM), Alphabet (GOOGL), Amazon.com (AMZN), Biogen (BIIB), Boeing (BA), Chipotle Mexican Grill (CMG), Coca-Cola (KO), Dow (DOW), Ford Motor (F), General Electric (GE), Intel (INTC), McDonald's (MCD), Microsoft (MSFT), Roku (ROKU), Snap (SNAP), and Spotify (SPOT).

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 S&P flash manufacturing purchasing managers' index (PMI) and flash services PMI are due out on Monday, July 24.

Tuesday, July 25 brings the S&P Case-Shiller home price index, as well as consumer confidence data.

The FOMC will deliver its interest rate decision on Wednesday, July 26, followed by Federal Reserve Chairman Jerome Powell's presser.

Jobless claims will be accompanied by a slew of key economic indicators on Thursday, July 27. This includes durable goods orders, pending home sales, a gross domestic product (GDP) report, advanced retail and wholesale inventories, and U.S. trade balance in goods.

Personal consumption expenditures (CPE) and core CPE readings, personal income and spending data, the employment cost index, and consumer sentiment data cap off the week on Friday, July 28.

 

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