Wednesday, September 06, 2023

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

Earnings of Note 

Before the Open:
  • (ABM)/.89
  • (GIII)/.01
  • (TTC)/1.24
After the Close: 
  • (DOCU)/.66
  • (RH)/2.98
  • (SMTC)/.02
  • (SWBI)/.09
  • (ZUMZ)/-.67
  • (KFY)/.91
Economic Releases  

8:30 am EST

  • Initial Jobless Claims for last week are estimated to rise to 234K versus 228K the prior week.
  • Continuing Claims are estimated to fall to 1719K versus 1725K prior.

11:00 am EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory decline of -2,214,250 barrels versus a -10,584,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -427,000 versus a -214,000 barrel decline the prior week.  Distillate inventories are estimated to rise by +535,500 barrels versus a +1,235,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to fall by -.23% versus a -1.2% decline prior.

2:00 pm EST

  • US Fed Beige Book release.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Bowman speaking, Fed's Williams speaking, China Trade Data report, weekly EIA natural gas inventory report, BofA Gaming/Lodging Conference, (TREX) investor day, (SYNA) investor day, (FSLR) analyst day, (GH) investor day and the RBC Engineering/Construction/Infra Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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