Tuesday, August 06, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (BCO)/1.47
  • (CVS)/1.73
  • (GPN)/2.91
  • (EMR)/1.41
  • (LPX)/1.98
  • (LYFT)/.16
  • (RL)/2.48
  • (ROK)/2.08
  • (SHOP)/.20
  • (DIS)/1.20
  • (WWW)/.11
  • (ZBH)/1.99
After the Close: 
  • (APP)/.74
  • (BYND)/-.53
  • (BLNK)/-.17
  • (BOOT)/1.07
  • (CF)/1.85
  • (DUOL)/.32
  • (FWRD)/-.18
  • (KLIC)/.30
  • (MTW)/.49 
  • (MRO)/.69
  • (MCK)/7.21
  • (MNST)/.45
  • (OXY)/.77
  • (HOOD)/.16
  • (RGLD)/1.18
  • (ZG)/.25
Economic Releases

10:30 am EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,484.290 barrels versus a -3,436,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -1,428,570 barrels versus a -3,665,000 barrel decline the prior week. Distillate inventories are estimated to rise by +329,140 barrels versus a +1,534,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to rise by +.74% versus a -1.5% gain prior.

3:00 pm EST

  • Consumer Credit for June is estimated to fall to $10.0B versus $11.35B in May.

Upcoming Splits

  • (MSTR) 10-for-1
Other Potential Market Movers
  • The 10Y T-Note auction, weekly MBA Mortgage Applications report, JP Morgan Auto Conference, (FLEX) annual meeting and the Raymond James Industrial/Energy Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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