Monday Market Must-Knows: November 28, 2022

Factors that will determine this and other economic trends:

 

On Thursday (all day), OPEC is meeting to discuss the price and production of oil.  This could create a lot of volatility in the oil markets. 

GDP preliminary numbers will be announced Wednesday at 8:30am EST.

Core PCE Price Index comes out on Thursday at 8:30am EST.

Jobs Data: The Unemployment rate will be announced this Friday at 8:30am EST.

As Fed Chair, Jerome Powell has been saying, we are going to see unemployment numbers rise. Let’s find out this Friday.

There are 227 companies reporting this week: Network Appliances, Hewlett-Packard, Intuit, Salesforce, Hormel Foods, Marvel Technologies, Ulta beauty, Dollar General, Krogers and others

If you would like to learn more about supply and demand and market timing strategies, visit www.FreeClass.com.

 

As always, if you’re in the markets, make sure you have a trade plan.