HK Weekly Recap & Analysis May 23rd, 2022
The Week Ahead (May 23rd – May 27th)
Key Economic Data Releases to watch
THE WEEK AHEAD & EARNINGS
Monday – 05/23/2022
None scheduled.
AM Earnings: China Automotive (CAAS), Niu Technologies (NIU), Xpeng Inc (XPEV), Star Equity Holdings (STRR), Heliogen (HLGN)
PM Earnings: Zoom (ZM), Heico Corp (HEI), Advance Auto Parts (AAP), Nordson Corp (NDSN), Skyline Champion Corp (SKY), Afya Limited (AFYA), WalkMe Ltd (WKME), Agora Inc (API), Nautilus Group (NLS), Applied UV (AUVI)
Tuesday – 05/24/2022
S&P Global US manufacturing PMI (flash) - 9:45 AM ET
S&P Global US services PMI (flash) - 9:45 AM ET
New home sales (SAAR) - 10 AM ET
AM Earnings: NetEase Inc (NTES), AutoZone (AZO), Best Buy (BBY), Elbit Systems (ESLT), Ralph Lauren (RL), Petco Health (WOOF), Autohome (ATHM), Canadian Solar (CSIQ), Abercrombie & Fitch (ANF), Dole (DOLE)
PM Earnings: Intuit Inc (INTU), Agilent Technologies (A), Toll Brothers (TOL), Nordstrom Inc (JWN), Star Bulk (SBLK), Urban Outfitter (URBN), VNET Group (VNET), Arco Platform (ARCE), 360 DigiTech (QFIN)
Wednesday – 05/25/2022
Durable goods orders - 8:30 AM ET
Core capital equipment orders - 8:30 AM ET
FOMC minutes - 2 PM ET
AM Earnings: Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Baxter International (BAX), Dick's (DKS), Dycom (DY), Express (EXPR), Photronics (PLAB), Zhihu (ZH)
PM Earnings: NVIDIA (NVDA), Snowflake (SNOW), ZTO Express (ZTO), Splunk (SPLK), Amerco (UHAL), DXC Technology Company (DXC), Nutanix (NTNX), Box, Inc (BOX)
Thursday – 05/26/2022
Initial jobless claims – 8:30 AM ET
Continuing jobless claims – 8:30 AM ET
Real gross domestic product revision (SAAR) - 8:30 AM ET
Real final sales to domestic purchasers revision (SAAR) - 8:30 AM ET
Real gross domestic income (SAAR) - 8:30 AM ET
Pending home sales index - 10 AM ET
AM Earnings: Alibaba (BABA), Medtronic (MDT), Royal Bank of Canada (RY), Toronto Dominion Bank (TD), Macy's (M ), Dollar General (DG), Baidu Inc (BIDU), Buckle Inc (BKE), Build A Bear (BBW), Dollar Tree (DLTR)
PM Earnings: Costco (COST), Marvell Technology (MRVL), Workday (WDAY), Vmware (VMW), Dell Technologies (DELL), Ulta Beauty (ULTA), Zscaler (ZS), Gap (GPS), Farfetch (FTCH), American Eagle (AEO)
Friday – 05/27/2022
PCE inflation - 8:30 AM ET
Core PCE inflation - 8:30 AM ET
PCE inflation (year over year) - 8:30 AM ET
Core PCE inflation - 8:30 AM ET
Real disposable income - 8:30 AM ET
Real consumer spending - 8:30 AM ET
Nominal personal income - 8:30 AM ET
Nominal consumer spending - 8:30 AM ET
Advance trade in goods - 8:30 AM ET
UMich consumer sentiment index (final) - 10 AM ET
5-year inflation expectation (final) - 10 AM ET
AM Earnings: Pinduoduo (PDD), Canopy Growth (CGC), Big Lots (BIG), Hibbett (HIBB), Viomi Tech (VIOT), iClick Interactive (ICLK), Sanderson Farms (SAFM)