HK Weekly Recap & Analysis August 1st, 2022
The Week Ahead (August 1st – August 5th)
Key Economic Data Releases to watch
THE WEEK AHEAD & EARNINGS
Monday – 08/01/2022
S&P US manufacturing PMI (final) - 10 AM ET
ISM manufacturing index - 10 AM ET
Construction spending - 10 AM ET
AM Earnings: Jacobs (J), HSBC Holdings (HSBC), Global Payments (GPN), CNA Financial Corp (CNA ), JELD-WEN Holding (JELD), Onsemi (ON), Aerojet Rocketdyne (AJRD), Lowes Corp (L), Check Point Software Technologies (CHKP)
PM Earnings: Activision (ATVI), Williams Companies (WMB), Devon Energy Corp (DVN), Aflac Incorporated (AFL), SBA Communications Corp (SBAC), Simon Property Group (SPG), Arista Networks (ANET), Diamondback Energy (FANG), Avis Budget Group (CAR), Pinterest (PINS)
Tuesday – 08/02/2022
Job openings - 10 AM ET
Quits - 10 AM ET
Rental vacancy rate - 10 AM ET
Homeowner vacancy rate - 10 AM ET
Real household debt - 11 AM ET
St. Louis Fed President James Bullard speaks
Motor vehicle sales (SAAR) - Time varies
AM Earnings: AMETEK, Inc (AME), Arconic Inc (ARNC), BP plc (BP), Caterpillar (CAT), Cummins (CMI), DuPont (DD), Eaton Corp (ETN), Ferrari NV (RACE), Marriott International (MAR), JetBlue (JBLU)
PM Earnings: Advanced Micro Devices (AMD), Starbucks (SBUX), Paypal (PYPL), Gilead Sciences (GILD), Airbnb (ABNB), Occidental Petroleum (OXY), Electronic Arts Inc (EA), Prudential Financial (PRU), Microchip Technology (MCHP), Match Group (MTCH)
Wednesday – 08/03/2022
S&P US services PMI (final) - 9:45 AM ET
ISM services index - 10 AM ET
Factory orders - 10 AM ET
Core capital equipment orders (revision) - 10 AM ET
AM Earnings: Sunoco (SUN), Spirit AeroSystems (SPR), Under Armour (UAA), CVS Health (CVS), Regeneron (REGN), DISH Network Corp (DISH), Enterprise Products (EPD), Exelon Corp (EXC), Jones Lang LaSalle (JLL), Moderna (MRNA)
PM Earnings: Booking Holdings (BKNG), MetLife (MET), Fortinet (FTNT), McKesson Corp (MCK), Nutrien (NTR), Lucid Motors (LCID), Realty Income (O), eBay (EBAY), Allstate Corp (ALL), MGM Resorts (MGM)
Thursday – 08/04/2022
Initial jobless claims - 8:30 AM ET
Continuing jobless claims - 8:30 AM ET
Trade deficit - 8:30 AM ET
Cleveland Fed President Loretta Mester speaks - at 12 noon
AM Earnings: Eli Lily (LLY), Alibaba (BABA), ConocoPhillips (COP), Cigna Corp (CI), Duke Energy (DUK), Fidelity National (FIS), Thomson Reuters (TRI), CBRE Group (CBRE), Datadog (DDOG), Kellogg Co (K)
PM Earnings: Amgen Inc (AMGN), Vertex Pharma (VRTX), EOG Resources (EOG), Public Storage (PSA), Atlassian Corp (TEAM), Suncor Energy (SU), Block Inc (SQ), Republic Services (RSG), Motorola Solutions (MSI), DoorDash (DASH)
Friday – 08/05/2022
Nonfarm payrolls - 8:30 AM ET
Unemployment rate - 8:30 AM ET
Average hourly earnings - 8:30 AM ET
Labor-force participation rate, age 25-54 - 8:30 AM ET
Consumer credit - 3 PM ET
AM Earnings: Adient Plc (ADNT), American Axle (AXL), Atlas Air Worldwide (AAWW), Brookfield Renewable (BEP), Canopy Growth (CGC), Cinemark (CNK), DraftKings (DKNG), Fluor Corp (FLR), Global Partners (GLP), Goodyear Tire (GT)
