September 20, 2019 03:48 AM RSS

The Week Ahead For August 26th Through The 30th

  • Wall Street Rebel | Geoff Garbacz
  • 08/25/2019 6:46 PM
The Week Ahead For August 26th Through The 30th

The NASDAQ 100 was lower as were the Dow Jones Industrial Average, Russell 2000 and S&P 100 thanks to “The Chosen One”. Stocks were nicely up for the week when they collapsed on Friday at 11:00 a.m. EDT thanks to a Twitter trade tantrum from the president. Futures remain in a downtrend in earlier trading on Sunday night.

1.Geopolitical and Fiscal Events. Congress is still on summer recess.

2.Economic Releases. Releases of note this week and next include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as durable goods, consumer confidence, Q2 GDP, pending home sales, Chicago PMI and University of Michigan Consumer Sentiment.

3.Earnings Releases. Notable releases this upcoming week include BILI OSIS BNS BMO OKTA TIF TD WDAY CPB BIG.

Monday, August 26th

July Durable Goods are due out at 8:30 a.m. EDT and are expected to fall to 1.2% from 2.0%.

The latest NYSE and NASDAQ Short Interest are due out after the close.

Tuesday, August 27th

August Consumer Confidence is due out at 10:00 a.m. EDT and is expected to fall to 129.60 from 135.70.

Wednesday, August 28th

None of note. Thursday, August 29th

Q2 GDP (revision) is due out at 8:30 a.m. EDT and is expected to fall to 2.0% from 2.1%.

July Pending Home Sales are due out at 10:00 a.m. EDT and are expected to fall to 0.1% from 2.8%.

Friday, August 30th

July Personal Income is due out at 8:30 a.m. EDT and is expected to fall to 0.3% from 0.4%.

August Chicago PMI is due out at 9:45 a.m. EDT and is expected to rise to 48.2% from 44.4%.

August University of Michigan Consumer Sentiment is due out at 10:00 a.m. EDT and is expected to rise to 92.4 from 92.1.

Become A Wall Street Rebel

[Image: Pile of cash]
Rebel Yell Morning Market Report
Market Alerts
New product announcements, money-saving deals, and special discounts from our investment newsletters.
News and valuable offers about my health, investing, and special interests from our trusted partners.

Latest News