Tuesday, August 20, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ADI)/1.51
  • (DY)/2.26
  • (M)/.30
  • (TGT)/2.18
  • (TJX)/.92
After the Close: 
  • (A)/1.26
  • (SNOW)/.16
  • (SQM)/.96
  • (SNPS)/3.28
  • (URBN)/1.00
  • (WOLF)/-.85
  • (ZM)/1.21
  • (GES)/.44
Economic Releases

10:00 am EST

  • BLS preliminary annual payrolls benchmark revisison.

10:30 am EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,855,000 barrels versus a +1,357,000 barrel gain the prior week. Gasoline supplies are estimated to fall by -1,315,000 barrels versus a -2,894,000 barrel decline the prior week. Distillate inventories are estimated to fall by -443,330 barrels versus a -1,673,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to rise by +.17% versus a +1.0% gain prior.

2:00 pm EST

  • July 31 FOMC Meeting Minutes.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The 20Y T-Bond auction, weekly MBA Mortgage Applications report, (ORLY() analyst day and the Wells Fargo Fintech/information/Business Services Forum could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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