Tuesday, November 14, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (AAP)/1.44
  • (JD)/5.87
  • (TGT)/1.47
  • (TJX)/.99
After the Close: 
  • (CSCO)/1.03
  • (CPA)/3.76
  • (HI)/1.04
  • (JJSF)/1.72
  • (KLIC)/.43
  • (MMS)/1.13
  • (PANW)/1.16
  • (SQM)/2.03
  • (NTES)/10.87
Economic Releases

8:30 am EST

  • Retail Sales Advance MoM for Oct. is estimated to fall -.3% versus a +.7% gain in Sept.
  • Retail Sales Ex Autos MoM for Oct. is estimated to fall -.1% versus a +.6% gain in Sept.
  • Retail Sales Ex Autos and Gas for Oct. is estimated to rise +.2% versus a +.6% gain in Sept.
  • PPI Final Demand MoM for Oct. is estimated to rise +.1% versus a +.5% gain in Sept.
  • PPI Ex Food and Energy MoM for Oct. is estimated to rise +.3% versus a +.3% gain in Sept.
  • Empire Manufacturing for Nov. is estimated to rise to -3.0 versus -4.6 in Oct.

10:00 am EST

  • Business Inventories for Sept. is estimated to rise +.4% versus a +.4% gain in Aug.

10:30 am EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory gain of +4,291,000 barrels versus a +773,000 barrel gain the prior week. Gasoline supplies are estimated to rise by +1,058,000 barrels versus a +65,000 barrel gain the prior week. Distillate Inventories are estimated to fall by -740,000 barrels versus a -792,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to rise by +.5% versus a -.2% decline prior.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Barr speaking, Atlanta Fed 4Q GDPNow Update, weekly MBA Mortgage Applications report, JPMorgan Services Investor Conference, DA Davidson Tech Summit, Stephens Investment Conference, (GT) Business Update, (FI) investor meeting, (ORCL) annual meeting, (WDC) annual meeting, (RBLX) investor day, (CLX) annual meeting, (CBRL) annual meeting, (EAT) annual meeting, (CAH) annual meeting and the Needham Virtual Tech Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

No comments: