Tuesday, January 09, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • None of note
After the Close: 
  • (KBH)/1.70
Economic Releases

10:00 am EST

  • Wholesale Trade Sales MoM for Nov. is estimated to rise +.4% versus a -1.3% decline in Oct.

10:30 am EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory decline of -199,170 barrels versus a -5,503,000 barrel decline the prior week. Gasoline supplies are estimated to rise by +1,659,170 barrels versus a +10,900,000 barrel gain the prior week. Distillate inventories are estimated to rise by +987,830 barrels versus a +10,090,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to fall by -.87% versus a +.2% gain prior.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Williams speaking, Atlanta Fed GDPNow 4Q update, 10Y T-Bond auction, weekly MBA Mortgage Applications report, Thomson Reuters IPSOS PCSI, JPMorgan Healthcare Conference and the ISI Utility Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

No comments: