Get ahead of the market by subscribing to Seeking Alpha’s Wall Street Week Ahead, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports, and conference presentations.
Investors will be looking to the Federal Reserve’s final meeting of the year, where it is widely expected to make another 25 basis-point rate cut and release its last Summary of Economic Projects for 2024 on Wednesday. They will also be looking for the retail sales print for November on Tuesday and the third estimate of Q3 GDP. The University of Michigan’s consumer sentiment measure will be released Friday. Meanwhile, the European Union’s core consumer price index for last month is due for release on Wednesday, according to Investing.com. November’s core CPI is expected to show a 2.8% Y/Y gain, up from a 2.7% advance in October.
The earnings season wind down continues, with the number of releases coming to a trickle. The big names scheduled to report include Micron Technology (NASDAQ:MU), FedEx (NYSE:FDX), Nike (NKE), General Mills (NYSE:GIS), and Cintas (NASDAQ:CTAS).
Earnings spotlight: Tuesday, December 17 – Heico (NYSE:HEI), Amentum Holdings (NYSE:AMTM), and Worthington Enterprises (NYSE:WOR). See the full earnings calendar.
Earnings spotlight: Wednesday, December 18 – Micron Technology (MU), Lennar (NYSE:LEN), General Mills (GIS), Jabil (NYSE:JBL), and Toro (NYSE:TTC). See the full earnings calendar.
Earnings spotlight: Thursday, December 19 – Accenture (NYSE:ACN), Nike (NKE), Cintas (CTAS), FedEx (FDX) and Paychex. (NASDAQ:PAYX). See the full earnings calendar.
Earnings spotlight: Friday, December 20 – Winnebago (NYSE:WGO). See the full earnings calendar.
Volatility Watch: Vale (NYSE:VALE) and Canoo (NASDAQ:GOEV) head the list of stocks showing high implied volatility based on options trading. The most overbought stocks per their 14-day relative strength index
