Schaeffer's Top Stock Picks for '25

Fed Meeting Minutes on Tap Before Thanksgiving Break

The market is closed on Thursday to observe the holiday

Digital Content Manager
Nov 16, 2023 at 1:00 PM
facebook X logo linkedin


Before Wall Street takes a break next week to celebrate Thanksgiving, there will be some key economic indicators in addition to the Federal Reserve's meeting minutes. When investors return, there will also be a fresh batch of manufacturing and services data.

The earnings docket is looking very sparse, but quarterly reports are still coming from Abercrombie & Fitch (ANF), Deere (DE), Dick's Sporting Goods (DKS), HP (HPQ), Kohl's (KSS), Lowe's (LOW), Nordstrom (JWN), Nvidia (NVDA), Urban Outfitters (URBN), and Zoom Communications (ZM).

Investors should also be monitoring trade deficit data, as well as the ongoing and escalating conflict in the Middle East, which continues to put commodities prices on notice. 

Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.

Monday, Nov. 20 brings U.S. leading economic indicators.

Existing home sales and the Federal Open Market Committee's (FOMC) meeting minutes are due out on Tuesday, Nov. 21.

Initial jobless claims, durable goods orders, and consumer sentiment data are on tap Wednesday, Nov. 22.

The market will be closed on Thursday, Nov. 23 in observance of Thanksgiving.

Friday, Nov. 24 features the S&P flash services and manufacturing purchasing managers' indexes (PMI), before the market closes early at 1 p.m. ET.

 
 

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

10 Stock Picks FREE
 
 

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade.  Professional traders have rushed into the market and are making a mint.  Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.

 

 
 

FREE Report Download

 

Follow us on X, Follow us on Twitter