Monday Morning Must-Knows: July 8, 2024
This week promises excitement with earnings season kicking off. Starting mid-week, 73 companies report, including WD-40 on Wednesday, followed by Delta Airlines, Progressive, PepsiCo, Conagra Brands, and Cintas on Thursday. Major financials report on Friday, including JP Morgan, Citibank, Wells Fargo, Bank of New York, and Fastenal, leading to high market volatility.
Fed Chair Jerome Powell will testify at the semi-annual monetary policy meeting on Tuesday at 10:00 a.m. ET, potentially causing market fluctuations.
Additionally, keep an eye on inflation data: the Consumer Price Index (CPI) is released Thursday at 8:30 a.m. ET, expected to tick up to 2.1%, and the Producer Price Index (PPI) on Friday at 8:30 a.m. ET, expected to rise by 0.1%. These releases will significantly impact the markets, adding to the week's excitement. Trade carefully!
As always, if you’re in the markets, make sure you have a trade plan. Join us for a FREE introductory class. Learn about tools & rules for trading with confidence-so you can stay one step ahead of market volatility. Stay Informed, Start Knowing Today!
Fed Chair Jerome Powell will testify at the semi-annual monetary policy meeting on Tuesday at 10:00 a.m. ET, potentially causing market fluctuations.
Additionally, keep an eye on inflation data: the Consumer Price Index (CPI) is released Thursday at 8:30 a.m. ET, expected to tick up to 2.1%, and the Producer Price Index (PPI) on Friday at 8:30 a.m. ET, expected to rise by 0.1%. These releases will significantly impact the markets, adding to the week's excitement. Trade carefully!
As always, if you’re in the markets, make sure you have a trade plan. Join us for a FREE introductory class. Learn about tools & rules for trading with confidence-so you can stay one step ahead of market volatility. Stay Informed, Start Knowing Today!