Tuesday, January 16, 2024

Tomorrow's Earnings/Economic Releases of Note; Market Movers

Earnings of Note 
Company/Estimate 

Before the Open:
  • (SCHW)/.64
  • (CFG)/.60
  • (PLD)/1.26
  • (USB)/.71
After the Close: 
  • (AA)/-.89
  • (DFS)/2.51
  • (FUL)/1.27
  • (KMI)/.30
  • (SNV)/.95
  • (WTFC)/2.42
Economic Releases

8:30 am EST 

  • Retail Sales Advance MoM for Dec. is estimated to rise +.4% versus a +.3% gain in Nov.
  • Retail Sales Ex Autos MoM for Dec. is estimated to rise +.2% versus a +.2% gain in Nov.
  • Retail Sales Ex Autos and Gas for Dec. is estimated to rise +.3% versus a +.6% gain in Nov.
  • The Import Price Index MoM for Dec. is estimated to fall -.5% versus a -.4% decline in Nov.
  • The Export Price Index MoM for Dec. is estimated to fall -.7% versus a -.9% decline in Nov.
  • The NY Fed Services Business Activity Index for Jan. 

9:15 am EST

  • Industrial Production MoM for Dec. is estimated to fall -.1% versus a -.1% decline in Nov.
  • Capacity Utilization for Dec. is estimated to fall to 78.7% versus 78.8% in Nov.
  • Manufacturing Production for Dec. is estimated unch. versus a +.3% gain in Nov.

10:00 am EST

  • Business Inventories for Nov. is estimated to fall -.1% versus a -.1% decline in Oct.
  • The NAHB Housing Market Index for Jan. is estimated to rise to 39.0 versus 37.0 in Dec.

2:00 pm EST

  • Fed's Beige Book release.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Williams speaking, Fed's Barr speaking, Fed's Bowman speaking, Atlanta Fed Q4 GDPNow update, 20Y T-Bond auction, OPEC Monthly report, API Weekly Crude Oil Stock report, weekly MBA Mortgage Applications report, weekly US retail sales reports, (SCHW) business update, (RHP) investor day and the (DHI) annual meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

No comments: