Wednesday, November 29, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ASO)/1.58
  • (AMWD)/2.09
  • (BIG)/-4.68
  • (CBRL)/.74
  • (FRO)/.47
  • (KR)/.91
  • (RY)/1.92
  • (TITN)/1.53
  • (TD)/1.39
  • (UBS)/-.01
After the Close: 
  • (AMBA)/.39
  • (DELL)/1.46
  • (PD)/.14
  • (ULTA)/4.96
  • (ZUMZ)/-.18
  • (MRVL)/.40
Economic Releases

8:30 am EST

  • Initial Jobless Claims for last week are estimated to rise to 218K versus 209K the prior week.
  • Continuing Claims are estimated to rise to 1865K versus 1840K prior.
  • Personal Income for Oct. is estimated to rise +.2% versus a +.7% gain in Sept.
  • Personal Spending for Oct. is estimated to rise +.2% versus a +.7% gain in Sept.
  • The PCE Core MoM for Oct. is estimated to rise +.2% versus a +.3% gain in Sept.

9:45 am EST

  • The MNI Chicago PMI for Nov. is estimated to rise to 46.0 versus 44.0 in Oct.
10:00 am EST
  • Pending Home Sales MoM for Oct. is estimated to fall -2.0% versus a +1.1% gain in Sept.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Williams speaking, OPEC meeting, weekly EIA natural gas inventory report, Fed's weekly balance sheet report, Dallas Fed PCE for Oct., Evercore ISI Health Conference, Barclays Auto/Mobility Tech Conference and the (IR) investor day could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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