Stock Market Outlook This Week: October 31st – November 4th

Ready to make money in the stock market this week? Whether you’re trading penny stocks or stocks over $5, this could be one of the most volatile 5-day periods of Q4. Generally speaking, most cheap stocks tend to move on their own without an impact from broad market trends.

However, as we’ve seen throughout the year, you can’t completely discount stock market events each week. Investors are hopeful for a continuation that takes us into a Santa Claus rally. That’s thanks to a more bullish tone from last week.

The Stock Market This Week: Key Economic Data To Know October 31st – November 4th

What’s happening in the stock market this week? Penny stocks will remain a focus for day traders and swing traders. Meanwhile, major economic events are in focus as earnings season goes into the second act. The infographic below shows a schedule of some of the most notable potential catalysts this week. It includes the week’s jewel with the November Fed meeting and FOMC announcement.

stock market events this week october 31 november 4 stock market today

Stock Market News & Events On Monday, October 31, 2022

Monday will see a global focus on economic data. Eurozone CPI, Core CPI, and third quarter GDP come out during the early morning session. Later on during the day, the European Central Bank’s Lane speaks. As far as U.S. economic data is concerned, only a small bit is coming out on Halloween. Chicago PMI data for October gets released just after the stock market opens.

Stock Market News & Events On Tuesday, November 1, 2022

Tuesday begins the week’s flurry of economic data & central bank discussions. UK Manufacturing PMI of October comes out at 5:30 AM ET. October data readouts for US Manufacturing PMI and the ISM Manufacturing, Employment & New Orders will get released between 9:45 AM ET and 10 AM ET.

The first round of jobs data will also come out with Tuesday’s JOLTS Job Openings report at 10 AM ET. Thirty minutes after the market closes, oil stocks could be in focus thanks to the API Weekly Crude Stock report.

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Stock Market News & Events On Wednesday, November 2, 2022

Wednesday and Thursday will see the bulk of this week’s economic activity, potential catalysts, and central bank events. German Manufacturing PMI and October Unemployment data come out just as the US premarket session begins. Eurozone Manufacturing PMI and US ADP Non-Farm Employment data for October will also get released before Wednesday’s 9:30 AM ET opening bell. We’ll get crude inventories at 10:30 AM ET. But it all may take a back seat to the November wrap-up of the FOMC meeting.

The latest FOMC statement and Press Conference will be at the center of the spotlight in addition to the latest rate decision on Wednesday afternoon. More times than not, the Fed meeting and FOMC announcement are major market-moving events.

This latest could dictate the pace for the rest of the year as most expect a 75 basis point rate hike but will look for clues as to whether the Fed will begin slowing the speed & size of their future hikes.

Stock Market News & Events On Thursday, November 3, 2022

Thursday presents an active day for global economic and central bank events. The ECB’s Panetta and President Lagarde speak early in the morning, New York time. More UK economic data will also get reported before U.S. markets open, with Composite and Services PMI read-outs.

Eurozone unemployment data from September, the BoE rate decision, U.S. initial & continuing jobless claims, Q3 non-farm productivity, September’s trade balance, and Q3 unit labor costs are reported before the 9:30 AM ET opening bell rings. Central bank speakers from the ECB (Elderson) and BoE (Bailey) will also come during the U.S. premarket session.

As far as the rest of the day, shortly after the opening bell, U.S. services PMI, September factory order data, and October ISM non-manufacturing PMI & employment data come out. We’ll also see BoE Governor Bailey take the podium at 10:15 AM ET.

Stock Market News & Events On Friday, November 4, 2022

Following what will likely be a massive economic data hang-over no matter what gets reported, Friday will ease out the busy week. UK Construction PMI for October, U.S. average hourly earnings, non-farm payrolls, average weekly hours, and unemployment data get reported. The ECB’s President Lagarde and BoE MPC member Pill will also speak before the U.S. markets open on November 4th.

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Later in the session, FOMC member Rosengren speaks at 10 AM ET, and the final commodity report with the Baker Hughes rig count rounds out the day as far as notable events are concerned.

Stock Market Outlook For The Week Ahead: 10/31 to 11/4

This week in the stock market Jerome Powell and the Fed host the FOMC Meeting. When does the November Fed meeting begin and end? The two-day meeting starts on Tuesday, November 1, 2022, and concludes Wednesday, November 2, 2022, with new rate hikes being announced, followed by Jerome Powell’s press conference. Most believe the stock market has already priced in a 75 BPS rate hike, expected for November 2nd.

Stock Market Crash or Stock Market Rally? This is the question for this week, and one thing is sure. Stock market news outlets & financial news analysts will be working overtime this week. Stock market volatility and trading volatility remain at and are expected to continue to be at all-time highs. For those traders and investors that don’t know, volatility equals a huge trading opportunity.

Learning how to trade stocks, make money trading options, and know how to trade futures contracts the right way is the real “secret” to the stock market. But most retail traders & investors overlook this.

Some of the most frequent inquiries on social media and via the website have been:

  • What are the best stocks to buy now for this week?
  • Is this a stock market for beginners?
  • What is happening with china stocks?
  • What are this week’s top stock market predictions and trading predictions?
  • How does the stock market work?
  • How can you get started trading and investing in the stock market?

Find out LIVE when you tune in to True Trading Group’s Stock Market LIVE Stream tonight on YouTube & Get Ready to Learn, Trade & Profit!

Notable Earnings In The Stock Market This Week

Monday, October 31, 2022, Notable Earnings

  • Stryker Corporation (SYK)
  • Aflac Incorporated (AFL)
  • Williams Companies, Inc. (WMB)
  • NXP Semiconductors N.V. (NXPI)
  • Arista Networks, Inc. (ANET)
  • Global Payments Inc. (GPN)
  • ON Semiconductor Corporation (ON)
  • Loews Corporation (L)
  • Avis Budget Group, Inc. (CAR)
  • XPO Logistics, Inc (XPO)
  • Marriott Vacations Worldwide Corporation (VAC)
  • Alexander’s, Inc. (ALX)

Tuesday, November 1, 2022, Notable Earnings

  • Eli Lilly and Company (LLY)
  • Pfizer, Inc. (PFE)
  • BP p.l.c. (BP)
  • Advanced Micro Devices, Inc. (AMD)
  • Sony Group Corporation (SONY)
  • Mondelez International, Inc. (MDLZ)
  • Airbnb, Inc. (ABNB)
  • Eaton Corporation, PLC (ETN)
  • Marathon Petroleum Corporation (MPC)
  • Uber Technologies, Inc. (UBER)
  • Public Storage (PSA)
  • Thomson Reuters Corp (TRI)
  • Devon Energy Corporation (DVN)
  • Phillips 66 (PSX)
  • Ecolab Inc (ECL)
  • Sysco Corporation (SYY)
  • Energy Transfer L.P. (ET)
  • Prudential Financial, Inc. (PRU)
  • Electronic Arts Inc. (EA)
  • Simon Property Group, Inc. (SPG)
  • ONEOK, Inc. (OKE)
  • Sirius XM Holdings Inc. (SIRI)
  • Edison International (EIX)
  • Clorox Company (CLX)
  • CenterPoint Energy, Inc. (CNP)
  • Fox Corporation (FOX)
  • Molson Coors Beverage Company (TAP)
  • Match Group, Inc (MTCH)
  • Chesapeake Energy Corporation (CHK)
  • Caesars Entertainment, Inc. (CZR)
  • Lear Corporation (LEA)
  • H&R Block, Inc. (HRB)
  • Voya Financial, Inc. (VOYA)
  • SoFi Technologies, Inc. (SOFI)
  • Colliers International Group Inc. (CIGI)
  • Aerojet Rocketdyne Holdings, Inc. (AJRD)
  • Sunoco LP (SUN)
  • Super Micro Computer, Inc. (SMCI)
  • MicroStrategy Incorporated (MSTR)
  • Chegg, Inc (CHGG)
  • The Cheesecake Factory Incorporated (CAKE)
  • Big 5 Sporting Goods Corporation (BGFV)
  • Regis Corporation (RGS)

Wednesday, November 2, 2022, Notable Earnings

  • QUALCOMM Incorporated (QCOM)
  • CVS Health Corporation (CVS)
  • Estee Lauder Companies, Inc. (EL)
  • Booking Holdings Inc. (BKNG)
  • Humana Inc (HUM)
  • GSK plc (GSK)
  • MetLife, Inc. (MET)
  • Emerson Electric Company (EMR)
  • Equinix, Inc. (EQIX)
  • Nutrien Ltd. (NTR)
  • Fortinet, Inc. (FTNT)
  • Cenovus Energy Inc (CVE)
  • Realty Income Corporation (O)
  • Ferrari N.V. (RACE)
  • Allstate Corporation (ALL)
  • Yum! Brands, Inc. (YUM)
  • Apollo Global Management, Inc (APO)
  • eBay Inc. (EBAY)
  • Marathon Oil Corporation (MRO)
  • MGM Resorts International (MGM)
  • HubSpot, Inc. (HUBS)
  • Host Hotels (HST)
  • Etsy, Inc (ETSY)
  • Paramount Global (PARA)
  • Robinhood Markets, Inc. (HOOD)
  • Generac Holdings Inc. (GNRC)
  • Zillow Group, Inc. (ZG)
  • Curtiss-Wright Corporation (CW)
  • Frontier Communications Parent, Inc. (FYBR)
  • Bausch + Lomb Corporation (BLCO)
  • Rayonier Inc. (RYN)
  • New York Times Company (NYT)
  • Sunrun Inc (RUN)
  • Hostess Brands, Inc. (TWNK)
  • Park Hotels & Resorts Inc. (PK)
  • Innovative Industrial Properties, Inc. (IIPR)
  • Joby Aviation, Inc. (JOBY)
  • Transocean Ltd. (RIG)
  • Fisker Inc. (FSR)
  • e.l.f. Beauty, Inc. (ELF)
  • Melco Resorts & Entertainment Limited (MLCO)
  • Chesapeake Utilities Corporation (CHK)
  • Udemy, Inc. (UDMY)
  • Canada Goose Holdings Inc. (GOOS)
  • Brinker International, Inc. (EAT)
  • NOW Inc. (DNOW)
  • Sinclair Broadcast Group, Inc. (SBGI)
  • Fastly, Inc. (FSLY)
  • Sturm, Ruger & Company, Inc. (RGR)
  • NerdWallet, Inc. (NRDS)
  • EVgo Inc. (EVGO)
  • Tupperware Brands Corporation (TUP)
  • LL Flooring Holdings, Inc. (LL)

Thursday, November 3, 2022, Notable Earnings

  • ConocoPhillips (COP)
  • Amgen Inc. (AMGN)
  • PayPal Holdings, Inc. (PYPL)
  • Starbucks Corporation (SBUX)
  • Cigna Corporation (CI)
  • Regeneron Pharmaceuticals, Inc. (REGN)
  • Zoetis Inc. (ZTS)
  • Moderna, Inc. (MRNA)
  • Marriott International (MAR)
  • Fidelity National Information Services, Inc. (FIS)
  • Atlassian Corporation (TEAM)
  • Monster Beverage Corporation (MNST)
  • Motorola Solutions, Inc. (MSI)
  • Johnson Controls International plc (JCI)
  • Block, Inc. (SQ)
  • Microchip Technology Incorporated (MCHP)
  • Cummins Inc. (CMI)
  • Consolidated Edison Inc (ED)
  • Warner Bros. Discovery, Inc. (WBD)
  • Datadog, Inc. (DDOG)
  • Kellogg Company (K)
  • Aptiv PLC (APTV)
  • Coinbase Global, Inc. (COIN)
  • Cloudflare, Inc (NET)
  • Live Nation Entertainment, Inc. (LYV)
  • Restaurant Brands International Inc. (QSR)
  • DoorDash, Inc. (DASH)
  • Expedia Group, Inc. (EXPE)
  • Ball Corporation (BALL)
  • Bill.com Holdings, Inc. (BILL)
  • Twilio Inc. (TWLO)
  • Skyworks Solutions, Inc. (SWKS)
  • GoDaddy Inc. (GDDY)
  • Hyatt Hotels Corporation (H)
  • ADT Inc. (ADT)
  • Dropbox, Inc. (DBX)
  • ITT Inc. (ITT)
  • World Wrestling Entertainment, Inc. (WWE)
  • Gildan Activewear, Inc. (GIL)
  • MP Materials Corp. (MP)
  • Dun & Bradstreet Holdings, Inc. (DNB)
  • PENN Entertainment, Inc. (PENN)
  • Tempur Sealy International, Inc. (TPX)
  • Crocs, Inc. (CROX)
  • Wayfair Inc. (W)
  • Bloom Energy Corporation (BE)
  • Under Armour, Inc. (UA)
  • Main Street Capital Corporation (MAIN)
  • Yelp Inc. (YELP)
  • Peloton Interactive, Inc. (PTON)
  • Papa John’s International, Inc. (PZZA)
  • Shake Shack, Inc. (SHAK)
  • Diamondrock Hospitality Company (DRH)
  • Gogo Inc. (GOGO)
  • Carvana Co. (CVNA)
  • SolarWinds Corporation (SWI)
  • Nikola Corporation (NKLA)
  • Universal Corporation (UVV)
  • iHeartMedia, Inc. (IHRT)
  • Virgin Galactic Holdings, Inc. (SPCE)
  • BigCommerce Holdings, Inc. (BIGC)
  • Bally’s Corporation (BALY)
  • Cars.com Inc (CARS)
  • GoPro, Inc. (GPRO)
  • Rocket Companies, Inc. (RKT)
  • Eventbrite, Inc. (EB)
  • Teekay Corporation (TK)
  • El Pollo Loco Holdings, Inc. (LOCO)
  • RE/MAX Holdings, Inc. (RMAX)
  • LendingTree, Inc. (TREE)
  • Gannett Co., Inc. (GCI)
  • Lifetime Brands, Inc. (LCUT)

Friday, November 4, 2022, Notable Earnings

  • Duke Energy Corporation (DUK)
  • Dominion Energy, Inc. (D)
  • Cardinal Health, Inc. (CAH)
  • TELUS International (TIXT)
  • DraftKings Inc. (DKNG)
  • Cinemark Holdings Inc (CNK)
  • Ruth’s Hospitality Group, Inc. (RUTH)
  • fuboTV Inc. (FUBO)

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