August 4, 2020 04:44 AM RSS

The Week Ahead For October 21st to 25th

  • Wall Street Rebel | Geoff Garbacz
  • 10/21/2019 9:52 AM
The Week Ahead For October 21st to 25th

The NASDAQ 100 was higher for the week along with the, Russell 2000 and S&P 100 while the Dow Jones Industrial Average was lower for the week.

1.Geopolitical and Fiscal Events. Impeach hearings will continue to dominate the news this week.

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 existing home sales, durable goods and University of Michigan Consumer Sentiment.

3.Earnings Releases. Notable releases this upcoming week include SAP AMTD PG NVS MSFT BA AMZN V BUD VZ.

Monday, October 21

None of note.

Tuesday, October 22

September Existing Home Sales are due out at 10:00 a.m. EDT and expected to fall to 529,000 from 542,000

Wednesday, October 23

None of note. 

Thursday, October 24

September Durable Goods are due out at 8:30 a.m. EDT and is expected to fall to -1.0% from 0.20%.

The latest NASDAQ and NYSE Short Interest Data is due out after the close through settlement of October 15th and trade date of October 11th. During this collection period, from September 26th, the S&P 500 fell -0.25%.

Friday, October 25

October University of Michigan Consumer Sentiment is due out at 10:00 a.m. EDT and are expected to fall to 95.8 from 96.

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