The Week Ahead on Wall Street

The Week Ahead on Wall Street

The Week Ahead on Wall Street

$UNH, $GS, $AXP, $IBM, $GE

The US financial markets will be closed on Monday in observance of Martin Luther King Jr. Day.

President Elect Donald Trump will be inaugurated on Friday, 20 January.

Official Q-4 earnings season is underway, with 35 members of the S&P 500 scheduled to report to Wall Street this week.

Included in this lot are 5 DJIA components, as follows:

Tuesday, UnitedHealth Group Inc. (NYSE:UNH)

Wednesday, Goldman Sachs Group (NYSE:GS)

Thursday, American Express (NYSE:AXP) and International Business Machines (NYSE:IBM)

Friday, General Electric (NYSE:GE)

 

Economic Reports

This week’s 1st economic reports to Wall Street will be the January Empire State manufacturing survey comes Tuesday.

Wednesday features the December CPI, December industrial production, the January housing market index and the Fed’s Beige Book.

December housing starts and building permits and the Philadelphia Fed’s January business outlook survey will be released Thursday.

 

Fed Speak

This week 4 Fed officials will make public speaking appearances, as follows:

New York President William Dudley Tuesday

San Francisco President John C. Williams on Tuesday, Thursday & Friday;

Minneapolis president Neel Kashkari Wednesday

Philadelphia President Patrick Harker Friday.

 

US Treasury Department Action

The US Treasury Department will auction $13-B of 10-year Treasury inflation-protected securities (TIPS) Thursday.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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