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- The Investing Week Ahead: 7/11/22
The Investing Week Ahead: 7/11/22
Crazy 7-Eleven facts on its big day, major deals from Amazon & its competitors, earnings from some of America's most important companies like BlackRock & UnitedHealth, and it's inflation time baby.
Happy Monday.
And happy Slurpee Day! If you’re around a 7-Eleven convenience store — go snag one!
In honor of this sacred holiday, here’s some crazy 7-Eleven facts:
The company was started in 1927 and originally called Southland Ice Company (selling mostly ice, eggs, milk, and bread). In 1928, a manager brought a totem pole as a souvenir from Alaska and placed it in front of her store. It became such an attraction and marketing tool, that executives added totem poles in front of every store. The stores were then called “Tote’m Stores” until 1946. At that time, the company extended store hours to 7am-11pm in an effort to recover from business struggles during World War II. The name change to 7-Eleven stuck, despite most locations now being open 24/7.
While the company is headquartered in Dallas, Texas — it’s actually owned by Seven-Eleven Japan Company Ltd.
As of July 2022, there are 9,510 total locations throughout 38 states in the US. Around the world, there are over 78,000 locations. I’m not sure that too many people know that 7-Eleven is the world’s largest convenience retailer. As a tangential comparison, there are just over 10,500 Walmarts globally.
The company employs over 135,000 people around the world.
Boom! More than you’d ever need to know about the Slurpee-loving, convenience store kings. Now on to the good stuff.
The Investing Week Ahead - Too Long, Didn’t Read:
⚡ The earnings spotlight shines on BlackRock, JPMorgan, United Health, Citi, & more.
⚡ Amazon Prime Days return, competing with campaigns from Walmart & Target.
⚡ A big week of economic data features inflation, retail sales, & consumer sentiment.
Key Earnings Announcements:
Time to wake up from the summer daze — big time earnings reports are back this week!
Monday (7/11): The Greenbrier Companies
Tuesday (7/12): PepsiCo
Wednesday (7/13): Delta, Fastenal Co.
Thursday (7/14): Cintas, Conagra Brands, Ericsson, First Republic Bank, JP Morgan, Morgan Stanley, Taiwan Semiconductor Co.
Friday (7/15): BlackRock, BNY Mellon, Citi, PNC, Progressive, UnitedHealth Group, US Bancorp, Wells Fargo
What We’re Watching:
Investor Events:
The best time to buy stocks random junk has arrived, we see if Boeing’s struggles continue, and Google’s stock split finally takes place.
Monday (7/11): Target Deal Day 1, Dave & Busters Entertainment Investor Event
Tuesday (7/12): Amazon Prime Day 1, Target Deal Day 2
Wednesday (7/13): Amazon Prime Day 2, Target Deal Day 3
Thursday (7/14): Boeing Q2 Deliveries
Friday (7/15): Alphabet (Google) 20-for-1 Stock Split, Healthcare Realty Trust & Healthcare Trust of America Merger Vote
All Week: Walmart Deals for Days, CJS Securities’ 22nd Annual New Ideas Summer Conference, Deutsche Bank Global Consumer Conference
What We’re Watching:
Major Economic Updates:
Fresh inflation data, insights of the health of small businesses, retail sales updates, and seeing if consumer sentiment has recovered from all-time-lows.
Monday (7/11): 3-Year Inflation Expectations
Tuesday (7/12): NFIB Small Business Index
Wednesday (7/13): CPI (Inflation), Fed Beige Book, Federal Budget
Thursday (7/14): Jobless Claims, Producer Price Index
Friday (7/15): Import Price Index, Retail Sales, UMich Consumer Sentiment Index
What We’re Watching:
Events Driven Winners:
What specific events are moving stocks the most?
Our friends at LevelFields scrub through thousands of data points each week to determine how events impact stock prices.
I still hold very small positions in both Teladoc Health and Unity Software, and frankly didn’t have any idea about these events taking place without alerts coming in from LevelFields. Interested to see if Google will be one of the biggesst event-driven movers after they do their 20-for-1 stock split!
If you’re starting your investing journey or want to change to a cleaner, social-focused investing platform, consider visiting Public.com.
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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