BUY, SELL, HOLD (2)

Inflation Data, Bank Earnings Loom Next Week

Blue chips JPM, UNH, and WBA will announce their quarterly reports

Deputy Editor
Oct 5, 2023 at 2:52 PM
facebook X logo linkedin


Next week will bring another chance for Wall Street to unpack the latest inflation data. As bond yields climb and investors fret about the Fed's 'higher for longer' interest rate policy, any clue that the inflation could be cooling could help trigger a short-term rally.

Next week also brings about the unofficial start of the final earnings season of 2023. Delta Air Lines (DAL), PepsiCo (PEP), UnitedHealth (UNH), and Walgreens Boots Alliance (WBA) will announce their reports throughout the week. The end of the week will bring a flood of bank earnings as well, from firms such as BlackRock (BLK), Citigroup (C), JPMorgan Chase (JPM), and Wells Fargo (WFC).

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

There is no economic data scheduled for Monday, October 9, the Columbus Day holiday. 

Tuesday, October 10 brings wholesale inventories data. 

Producer price index (PPI) and core PPI data are due out on Wednesday, October 11.

Jobless claims, the consumer price index (CPI), and core CPI are slated for Thursday, October 12.

Friday, October 13 features the import and export price indexes. 

 

You Don’t Need 25 Alerts -- You Need ONE You Can Trust!

That’s the idea behind Trade of the Week, Schaeffer’s newest trade alert.

Every Monday morning before the opening bell, you’ll receive a single, expertly researched trade recommendation -- built from the same proprietary research we’ve been using for over four decades.

It’s not just a signal.

It’s a plan designed for traders who are tired of jumping from alert to alert without ever finding their edge.

No juggling alerts. No switching directions mid-week. Just one clear, expertly researched trade idea -- delivered before the market even opens.

👉 JOIN RIGHT NOW FOR JUST $1 TO GET THE NEXT TRADE!