EARN25

Shortened Week Still Packed with Retail Earnings, Economic Data

Thursday and Friday will give investors respite from Wednesday's full docket

Deputy Editor
Nov 19, 2020 at 5:27 PM
facebook X logo linkedin


Even though Wall Street is heading toward a holiday-shortened week, there's still plenty for investors to look forward to. Monday features a plethora of data, including the Chicago Fed national activity data, while Tuesday follows up with the Case-Shiller national price index. Wednesday is where the bulk of this week's data is, including employment data, as well as durable goods orders, new home sales, and plenty of consumer data. 

While earnings season is coming to an end, a number of retail names are still ready to release their reports, including Best Buy (BBY), Dick's Sporting Goods (DKS), Dollar Tree (DLTR), Gap (GPS), and Urban Outfitters (URB).

Below is a brief list of some key market events and a few high-profile earnings releases scheduled for the upcoming week. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

Monday, November 23 kicks the week off with a bang, as the latest Chicago Fed national activity data is due out. Additionally, Markit manufacturing and services PMI will  be reported.

Tuesday, November 24 comes with the Case-Shiller national home price index, as well as the consumer confidence index.

It's an absolutely jam-packed day on Wednesday, November 25, as initial and continuing jobless claims data is slated to be released. Meanwhile, durable goods and core capital goods orders data are on tap, as well, while new home sales will be reported later on. Rounding out the day, personal income, consumer spending, core inflation, and the consumer sentiment index data are all due out.

Thursday, November 26 is Thanksgiving Day, so the markets will be closed for the holiday.

It's a similarly slow day on Friday, November 27, as no economic data will be released and markets closing at 1 p.m.

 

“Buy This Stock Now!” - Expert Who Called 11x On TSLA

He called a rare 11x on Tesla…

But now, thanks to Elon & Trump’s new alliance…

He says there’s a new opportunity that could be 1,000x BIGGER than Tesla – and it could completely revolutionize a $23 Trillion market.

It’s trading for less than $5 per share right now…

But it won’t be under the radar for long.

Discover The 1,000x Bigger Elon Opportunity Here