| Welcome to the Stock Dork Cheat Sheet; your go-to guide for all the most important stock market news and analysis. Today is Monday, May 24. Let's get ready for the trading week! |
Happy Monday! Markets saw some choppy trading action last week, and only the Nasdaq managed to close the week in the green. Today, futures are jumping in the pre-market as U.S. stocks look to start the week on a high not. This Week: What to Look For This week, we've got some major earnings reports from some prominent firms. We're also gonna get the consumer spending numbers for April on Friday, and the report should shed some more light on the state of the recent labor market crunch. Not-So Certain Waning investor confidence seems to be taking the gas out of the recent rally. Slowly but sure, inflation fears are beginning to creep into the market thanks to skyrocketing consumer prices across the board, stubbornly high unemployment, a Wall Street's growing fear of an earlier-than-expected rate hike. We believe the market could undergo a sharp correction or, at the very least, a sell-off over the next few months. |
ð | NASDAQ | 13,470 | +0.14% | ð | S&P | 4,155 | -0.43% | ð | DJIA | 34,207 | -0.51% | ð | GOLD | $1,882 | +1.78% | ð | WTI CRUDE OIL | $64.84 | -1.56% |
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- Nordson Corp. (NDSN) AMC
- Lordstown Motors (RIDE) AMC
- Zymergen (ZY) AMC
- Nordstrom (JWN) AMC / Tue
- Autozone (AZO) BMO / Tue
- Intuit Inc (INTU) BMO / Tue
- Zscaler (ZS) AMC / Tue
- NVIDIA (VNDA) BMO / Wed
- Pinduoduo Inc. (PDD) BMO/ Wed
- Snowflake (SNOW) AMC / Wed
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Monday, May 24 Tuesday, May 25 - Consumer Confidence Index ... 10a
Wednesday, May 26 Thursday, May 27 - Weekly Jobless Claims ... 8:30a
- Durable Goods Orders [Apr] ... 8:30a
Friday, May 28 - Personal Income [Apr] ... 8:30a
- Consumer Spending [Apr] ... 8:30a
- Core Inflation [Apr] ... 8:30a
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