Earnings and Economic Data for the Week Ahead.

Earnings season is about to wrap up and I have attached the Seasonality average of the S&P 500 performance over the last 30 years....and we can see that in the last week of November, the market tends to before well and rally until the end of the year

This does align with the end of the earnings season too.

$ZM, $KOHLS, $ANF, $DELL, $CRWD, $WDAY, $JWN, $M and $HP are all charts of interest to us and I will try to upload the majority of these during the week.

Thanksgiving is on Thursday so the Market will be closed and Black Friday is on this week too....this could also bring some positive sentiment to the retail sector, including $AMZN.

Monday, November 25th 2024:

Bath & Body Works Earnings: The retailer is set to release its third-quarter financial results. Analysts anticipate earnings per share of 47 cents on $1.58 billion in revenue.

Tuesday, November 26th, 2024:

Consumer Confidence Report: The Conference Board will publish its consumer confidence index for November. Analysts expect a rise to 112.9, up from October's 108.7.
07:00 PM: FOMC Minutes release

Wednesday, November 27th, 2024:

Federal Reserve Meeting Minutes: The Federal Reserve will release the minutes from its recent policy meeting, providing insights into future monetary policy directions.

Personal Consumption Expenditures (PCE) Price Index: This key inflation measure is expected to have climbed 2.3% in October on an annual basis.

Durable Goods Orders: Data on durable goods orders for October will be released, offering insights into manufacturing sector health.

Initial Jobless Claims: The weekly report on initial jobless claims will provide information on the labor market's current state.

Thursday, November 28th, 2024:

Thanksgiving Holiday: U.S. financial markets will be closed in observance of Thanksgiving.

• 08:30 AM: Initial Jobless Claims

  Friday, November 29th, 2024:

Black Friday Sales: The holiday shopping season kicks off, with investors closely monitoring consumer spending patterns as an indicator of economic health.