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- The Investing Week Ahead: 5/16/22
The Investing Week Ahead: 5/16/22
A 25-year-old is getting famous for talking about salaries, the Housing Market & Retail Sector are in the spotlight, and Logan Paul is speaking alongside Fed Chair Powell.
To the hundreds of recent and soon-to-be college graduates that subscribe to Rate of Return — CONGRATULATIONS 🎓! Best of luck on the next step of your journeys!
Whether you’re one of these graduates or not — you likely want to know more about how much people make on their various career paths. We encourage you to check out our friends over at Salary Transparent Street. The founder, Hannah Williams, has been making national news for encouraging conversations about wages to be less taboo. Here’s links to the Instagram, TikTok, and her other accounted called Stocks & Squats!
Quick Callouts:
In Case You Missed It: Below is a link to last week’s market update and stocks that I’ll be watching as the bear market continues.
Anonymous Penguin: I’ve mentioned this page before, but an anonymous account on Twitter that we consider a ‘must-follow’ is that of Pentoshi. We have yet to find anyone that so accurately predicts the moves in both the crypto and traditional markets. Below is a chart of where he believes the S&P 500 will eventually hit. Does that mean it’s certain to happen? Of course not — it’s just one guy on Twitter. However, calling out people that deserve credit is important.
The Investing Week Ahead - Too Long, Didn’t Read:
⚡ The Retail Sector leads the way for earnings this week, Retail Sales come out.
⚡ Investors look to Jerome Powell and Hedge Fund 13F filings for market sentiment.
⚡ Various Housing Market reports give a gauge of if there’s been any cool-off.
Key Earnings Announcements:
Retail leads, Clear Secure has high expectations, and Palo Alto gives an indicator on the broader cybersecurity industry.
Monday (5/16): Clear Secure, Monday.com, Tencent Music Entertainment, Warby Parker, Weber
Tuesday (5/17): Home Depot, JD.com, On Holdings, Sea Limited, The Container Store, Walmart
Wednesday (5/18): Analog Devices, Bath & Body Works, Cisco, Colgate-Palmolive, Dynatrace, Lowe’s, Target, TJ Maxx
Thursday (5/19): Applied Materials, BJ’s Wholesale, Canada Goose, Kohl’s, Lightspeed, Palo Alto Networks,
Friday (5/20): Booz Allen Hamilton, Foot Locker, John Deere
What we’re watching:
Investor Events:
Hedge funds show their cards, Jerome Powell kicks it with Logan Paul, and Block has its first investor day since rebranding from Square.
Monday (5/16): Hedge Funds Report 13F Filings for Q1
Tuesday (5/17): Jerome Powell Speech, Moderna Science & Technology Day
Wednesday (5/18): Block Investor Day, Caterpillar Investor Day
Thursday (5/19): Cowen Investor Day, Wix Investor Day
Throughout the Week: Needham Tech & Media Conference, JP Morgan Homebuilding Conference, RBC Global Healthcare Conference, Wells Fargo Financial Services Investor Conference, Wall Street Journal Future of Everything Festival
What we’re watching:
Major Economic Updates:
The Housing Market is back under the microscope and Retail Sales paint a picture of inflation’s impact.
Tuesday (5/17): Industrial Production Index, NAHB Home Builders’ Index, Retail Sales
Wednesday (5/18): Building Permits, Housing Starts
Thursday (5/19): Existing Home Sales
Good Luck Millennials: The average 30-year fixed mortgage rate has now reached its highest level since 2009. Such competitive market conditions have led an estimated 80% of millennials to have at least one major regret about their actions during the process, or about the purchased homes themselves.
If you’re starting your investing journey or want to change to a cleaner, social-focused investing platform, consider visiting Public.com.
If you find these Week Ahead posts helpful, please consider sharing with a friend! Have a great start to your week!
Disclaimer: This is not financial advice or recommendation for any investment. The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
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