The Week Ahead For November 25th To 29th
The NASDAQ 100 was lower for the week as well as the Russell 2000, Dow Jones Industrial Average and S&P 100.
1.Geopolitical and Fiscal Events. None of note this week other than Federal Reserve Chairman Powell speaking on Monday.
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 Consumer Confidence, New Home Sales, Personal Income, Q3 GDP, Durable Orders, Federal Reserve Beige Book and November Chicago PMI.
3.Earnings Releases.Notable releases this upcoming week include A PANW BNS VNW DE DOYU.
Monday, November 25
Federal Reserve Chairman Jerome Powell is the keynote speaker at the Greater Providence Chamber of Commerce annual meeting.
Tuesday, November 26
November Consumer Confidence is due out at 10:00 a.m. EDT and is expected to come in at 126.9 from 125.9.
October New Home Sales are due out at 10:00 a.m. EDT and are expected to rise to 710,000 from 701,000.
The latest NYSE and NASDAQ Short Interest is due out after the close through November 15th.
Wednesday, November 27
October Personal Income is due out at 8:30 a.m. EDT and is expected to remain at 0.3%.
Q3 GDP (second estimate) is due out at 8:30 a.m. EDT and is expected to remain at 1.9%
October Durable Orders are due out at 8:30 a.m. EDT and are expected to improve to -0.7% from -1.1%.
The latest Federal Reserve Beige Book is due out at 2:00 p.m. EDT. Thursday, November 28
Markets in the U.S. are closed for Thanksgiving.
Friday, November 29
November Chicago PMI is due out at 9:45 a.m. EDT and is expected to rise to 47.1 from 43.2.
The U.S. Stock Market closes at 1:00 p.m. EDT while the Bond Market closes at 2:00 p.m. EDT.