Big tech names are set to report this week, and with a handful of economic events, this week is setting up to shake the market.
Notable earnings this week:
Advanced Micro Devices (AMD) and Snapchat (SNAP) both report after the close on Tuesday.
On Wednesday, Meta (META) earnings will be reported after the close.
Earnings on Amazon (AMZN), Apple (AAPL), and Alphabet (GOOGL) will be reported after the bell on Thursday afternoon.
Earnings change market conditions and create opportunities, so be aware of these reports.
Economic Data:
On Tuesday, the Consumer Confidence report will be released at 10:00 a.m. Eastern.
On Wednesday, the ADP employment report will be released at 8:15 a.m. Eastern, followed by Manufacturing PMI at 9:45 a.m. Eastern. The ISM manufacturing index will also report on Wednesday, released at 10:00 a.m. Eastern.
The most important economic event this week is the Federal Open Market Committee (FOMC) at 2:00 p.m. Eastern on Wednesday. Jerome Powell is set to speak at the event between 2:30 p.m. to 3:00 p.m Eastern.
On Friday, the Nonfarm payroll will be released at 8:30 a.m. Eastern.
Due to traveling this weekend, Chandler could not create a video newsletter. We’ll be back with a new video on Thursday!
Thanks everyone, and stay focused!