Wall Street Set for Post-Holiday Economic Data Deluge

The Fed's Beige Book is on tap

Digital Content Manager
Nov 22, 2023 at 3:52 PM
facebook X logo linkedin


Traders will return from the Thanksgiving break to a week packed full of economic indicators, including the Federal Reserve's Beige Book, the personal consumption expenditures (PCE) price index, and manufacturing data. Plenty of Fed officials will offer remarks as well.

Notable quarterly earnings reports next week will come from CrowdStrike (CRWD), Bilibili (BILI), Dollar Tree (DLTR), Foot Locker (FL), Kroger (KR), Petco Health and Wellness (WOOF), PDD Holdings (PDD), Ulta Beauty (ULTA), and Workday (WDAY).

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

Monday, Nov. 27 brings new home sales data.

The S&P Case-Shiller home price index, consumer confidence data, as well as remarks from Fed Governor Christopher Waller and Chicago Fed President Austan Goolsbee are expected on Tuesday, Nov. 28.

A gross domestic product (GDP) revision is set for Wednesday, Nov. 29, alongside advanced U.S. trade balance in goods, retail, and wholesale inventories. Plus, Fed President Loretta Mester will offer commentary before the Beige Book's release.

Jobless data will open the floodgates economic data on Thursday, Nov. 30, to be followed by personal income and spending data, the PCE and core PCE indexes, pending home sales, and the Chicago Business Barometer. Plus, New York Fed President John Williams will speak.

Manufacturing data out of the Institute for Supply Management (ISM) is due out Friday, Dec. 1, in addition to construction spending and auto sales. Fed President Goolsbee will close out the week with more remarks.

 

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