October 15, 2019 07:00 AM RSS

The Week Ahead For March 18th to 22nd

  • Wall Street Rebel | Geoff Garbacz
  • 03/17/2019 6:45 AM
The Week Ahead For March 18th to 22nd

The NASDAQ 100 started a new winning streak as did the S&P 100, Dow Jones Industrial Average and Russell 2000.

1.Geopolitical and Fiscal Events. There is no fed speak of note because of the FOMC announcement on Wednesday.

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 NAHB Housing Index, Factory Orders, FOMC announcement, Leading Indicators and Existing Home Sales.

3.Earnings Releases. Notable releases this upcoming week include TLRY HQY FDX TME MU GIS NKE CCL TIF HIBB.

Monday, March 18

March NAHB Housing Index is due out at 10:00 a.m. EDT and is expected to rise to 63 from 62.

Tuesday, March 19

January Factory Orders are due out at 10:00 a.m. EDT and due to rise to 0.2 from 0.1.

Wednesday, March 20

The Federal Reserve Open Market Committee (FOMC) will announce its latest interest rate decision at 2:00 p.m. EDT with no change expected. Press conference to follow at 2:30 p.m. EDT.

Thursday, March 21

February Leading Indicators are due out at 10:00 a.m. EDT and are expected to rise to 0.2% from -0.1%.

The Bank of England (BOE) is out with its latest interest rate decision. No change is expected.

Friday, March 22

February Existing Home Sales are due out at 10:00 a.m. EDT and are expected to rise to 5.10 from 4.94 million

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