The Week Ahead For June 10th to 14th
The NASDAQ 100 was higher as were the Dow Jones Industrial Average, S&P 100 and Russell 2000.
1.Geopolitical and Fiscal Events. Besides trade tape bombs there is nothing scheduled now of note. That may change during the week however.
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 PPI, CPI, retail sales, industrial production and University of Michigan Consumer Sentiment.
3.Earnings Releases. Notable releases this upcoming week include CASY THO HDS HRB LULU RH AVGO DLTH CMCM.
Monday, June 10
None of note.
Tuesday, June 11
May PPI is due out at 8:30 a.m. EDT and estimates are for a drop to 0.1% from 0.2% in April.
Hess Midstream Partners (HESM) will hold its investor meeting and is a Type 4 Long Squeeze.
The latest short interest data from NYSE and NASDAQ is due out after the close.
Wednesday, June 12
May CPI is due out at 8:30 a.m. EDT and is expected to drop to 0.1% from 0.3%.
Lincoln National (LNC) holds their analyst meeting and is a Type 4 Long Squeeze.
Thursday, June 13
None of note.
Friday, June 14
May Retail Sales is due out at 8:30 a.m. EDT and expected to improve to 0.7% from -0.2%.
May Industrial Production is due out at 9:15 a.m. EDT and expected to improve to 0.2% from -0.5%.
June University of Michigan Sentiment is due out at 10:00 a.m. EDT and is expected to fall to 98.1 from 100.00.
Corning (GLW) holds their analyst meeting and is a Type 4 Long Squeeze.