The Stock Market This Week: Key Economic Data To Know bout October 24th – October 28th
What’s happening in the stock market this week? Penny stocks will be at the top of mind for day traders. However, broader economic events are in focus as earnings season continues.
The infographic above shows some of the most notable events in the stock market from October 14th to October 28th. There will be no shortage of excitement as the week kicks off with Treasury and FOMC-related events. That’s also on top of the already scheduled global economic data coming out during the morning session on October 24th.
Stock Market News & Events For Monday, 10/24
What will investors watch in the stock market on October 24, 2022? Early morning economic data out of Germany and the Eurozone could sway sentiment. German manufacturing and services PMI data comes out just before U.S. premarket trading. Eurozone Manufacturing & Services PMI, along with UK Composite, Manufacturing, & Services PMI, get released as Monday’s premarket opening bell rings, starting at 4 AM ET.
[LEARN MORE] Looking for Valuable Penny Stocks? Here’s How to Find ThemUS data will soon follow right after regular trading begins on Monday, with US Manufacturing & Services PMI taking center stage. Treasury Secretary Yellen will speak at 11 AM ET, and the closed FOMC board meeting kicks off at 11:30 AM ET. Matters to be discussed at the closed meeting include “Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks.”
Stock Market News & Events For Tuesday, 10/25
What will investors watch in the stock market on October 25, 2022? While it is a lighter day (for now), more German economic data is due out with Business Expectations, Current Assessment, and October’s IFO Business Climate Index. Shortly after U.S. markets open, CB Consumer Confidence data gets reported at 10 AM ET while the market awaits a 1:55 PM ET speaking engagement from the Fed’s Waller.
Stock Market News & Events For Wednesday, 10/26
What will investors watch in the stock market on October 26, 2022? Another quiet day of data (for now), nevertheless, there are several US economic data points to consider. September’s Goods Trade Balance, Retail Inventories, & New Home Sales figures will be reported. We’ll also see commodities in focus as crude inventories come out at 10:30 AM ET.
Stock Market News & Events For Thursday, 10/27
What will investors watch in the stock market on October 27, 2022? Thursday marks another busy day for global economic data and monetary policy events. Eurozone deposit facility rate data gets reported at 8:15 AM ET. But that may be secondary to the ECB’s monetary policy statement and interest rate decision around the same time. Investors may look to see how global central banks are addressing inflation and a potential recession.
US September Core Durable Goods Orders come out at 8:30 AM ET, with preliminary Q3 GDP data and initial jobless claims coming in tandem. More potential ECB-originated catalysts could also be on the menu, with the ECB’s press conference beginning at 8:45 AM ET and ECB President Lagarde speaking shortly after.
Stock Market News & Events For Friday, 10/28
What will investors watch in the stock market on October 28, 2022? German CPI and preliminary Q3 GDP data come out as the US premarket session begins at 4 AM ET. This could give more insight into the bigger picture on a potential recession.
US September PCE, Core PCE, and Personal Spending figures will be the final bit of economic data out before the US markets open. During the morning’s regular trading hours, the market will get a flavor of consumer outlook. Michigan Consumer Expectations for October get released. The data will come in toe with Pending Home Sales figures, followed by the Baker Hughes rig count later in the afternoon.
[READ MORE] Investing in Penny Stocks Next Month? Use These TipsStock Market Outlook For The Week Ahead: 10/24 to 10/28
Will Earnings be a catalyst for a further stock market crash keeping traders and investors in a Bear Market? On the other hand, is there a chance for a stock market rally and a bull market heading into 2023?
It doesn’t matter what your trading style is if you don’t have a trading or investing game plan. That presents a massive disadvantage in the stock market this week. But now isn’t the time to be fearful. This latest stock market crash and earnings season has presented a unique and time-sensitive opportunity in the stock market today.
Believe it or not, there is another way to win at this “stock market game.” It presents an incredible wealth-building opportunity for smart investors & traders right now. That means making money during this bear market & stock market crash and during the recession that could be starting now and last well into 2023.
Yes, you can make money trading in the stock market even during a period of some of the highest inflation in decades. The fact is the stock market crash in 2022 may last longer than most think. But the secret to trading is less complicated than some presume. Learning how to trade stocks, make money trading options, and know how to trade futures contracts the right way is the real “secret” but most retail traders & investors overlook this.
How do you get started in the stock market? How do you make money in the stock market right now? Is this the best stock market for beginners? What are the best stocks to buy now? Find out LIVE when you tune in to True Trading Group’s Stock Market LIVE Stream tonight on YouTube.
Notable Earnings In The Stock Market This Week
- Microsoft Corporation (MSFT)
- Alphabet Inc. (GOOG) (GOOGL)
- Visa (V)
- Coca-Cola Company (KO)
- Novartis (NVS)
- Texas Instruments (TXN)
- United Parcel Service (UPS)
- Raytheon Technologies Corp. (RTX)
- General Electric (GE)
- 3M Company (MMM)
- Sherwin-Williams (SHW)
- UBS AG (UBS)
- Valero Energy (VLO)
- General Motors (GM)
- Chipotle Mexican Grill (CMG)
- Biogen (BIIB)
- Kimberly-Clark (KMB)
- Halliburton Company (HAL)
- Corning Incorporated (GLW)
- Spotify (SPOT)
- Synchrony Financial (SYF)
- Teradyne (TER)
- PulteGroup Inc. (PHM)
- Cleveland-Cliffs Inc. (CLF)
- Mattel (MAT)
- Invesco Plc (IVZ)
- Wyndham Hotels & Resorts (WH)
- Boyd Gaming (BYD)
- Polaris Inc. (PII)
- Skechers USA (SKX)
- Xerox (XRX)
- JetBlue Airways (JBLU)
- Shutterstock (SSTK)
- Meta Platforms (META)
- Thermo Fisher Scientific (TMO)
- Bristol-Myers Squibb (BMY)
- Automatic Data Processing (ADP)
- Boeing (BA)
- ServiceNow (NOW)
- Waste Management (WM)
- General Dynamics (GD)
- CME Group (CME)
- Boston Scientific (BSX)
- Ford Motor Company (F)
- O’Reilly Automotive (ORLY)
- Kraft Heinz Company (KHC)
- Hess Corporation (HES)
- Hilton Worldwide Holdings (HLT)
- Otis Worldwide (OTIS)
- United Rentals (URI)
- Rollins Inc. (ROL)
- Teledyne Technologies (TDY)
- Garmin (GRMN)
- Morningstar (MORN)
- Owens Corning Inc. (OC)
- Churchill Downs (CHDN)
- Penske Automotive (PAG)
- Harley-Davidson (HOG)
- Teladoc Health (TDOC)
- Evercore (EVR)
- Wingstop (WING)
- QuantumScape (QS)
- Brink’s Company (BCO)
- Sunnova Energy International (NOVA)
- Coursera (COUR)
- Upwork (UPWK)
- Monro Inc. (MNRO)
- Paramount Group (PGRE)
- Hess Midstream (HESM)
- LendingClub (LC)
- Sleep Number (SNBR)
- Netgear (NTGR)
- Ethan Allen (ETD)
- Apple (AAPL)
- Amazon (AMZN)
- Mastercard (MA)
- Merck (MRK)
- McDonald’s (MCD)
- T-Mobile (TMUS)
- Comcast (CMCSA)
- Honeywell (HON)
- Intel (INTC)
- Starbucks (SBUX)
- Caterpillar (CAT)
- American Tower Corporation (AMT)
- Gilead Sciences (GILD)
- Northrop Grumman (NOC)
- Altria Group (MO)
- Keurig Dr Pepper (KDP)
- L3Harris (LHX)
- Shopify (SHOP)
- Capital One Financial (COF)
- VICI Properties (VICI)
- Carrier Global (CARR)
- Pinterest (PINS)
- First Solar (FSLR)
- Stanley Black & Decker (SWK)
- Zendesk (ZEN)
- Southwestern Energy (SWN)
- Texas Roadhouse (TXRH)
- Hertz Global (HTZ)
- AutoNation (AN)
- Oshkosh Corp. (OSK)
- National Instruments (NATI)
- United States Steel (X)
- Janus Henderson Group (JHG)
- Overstock . com (OSTK)
- Exxon Mobil (XOM)
- Chevron Corp. (CVX)
- AbbVie (ABBV)
- NextEra Energy (NEE)
- Sanofi (SNY)
- Charter Communications (CHTR)
- Colgate-Palmolive (CL)
- Bloomin’ Brands, Inc (BLMN)
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