May 1, 2016 The Week Ahead
The S&P 500 finished the week lower, a drop of about 1.25%. This was after a busy week of mixed earnings, along with the FOMC announcement. It’s clear that sentiment has gotten a lot more cautious over the last couple of trading days.
For example, the VIX spiked up more than 2.5 points from last friday’s close.
Despite all this… crude oil prices continue to surge, as we closed the week more than 5% higher. It appears we have a date with 50, as the futures closed slightly below $46 per barrel on friday.
It’s another jam packed week of earnings reports so please check the dates below.
Here’s what’s on tap for this week coming up…
Key Economic Data:
2 May 2016- ISM Manufacturing Index 10:00 AM ET
4 May 2016- International Trade 8:30 AM ET, EIA Petroleum Status Report 10:30 AM ET
5 May 2016- GDP 8:30 AM ET, Jobless Claims 8:30 AM ET
6 May 2016- Employment Situation 8:30 AM ET
Key Earnings:
2 May 2016- BSFT, HP, L, RACE, SYY, AIG, EIX, GGP, ONDK, TCO, TSRA, VNO
3 May 2016- ADM, BNP, CLX, CMI, CVS, DUK, ECL, EL, EMR, FTR, GRUB, H, HCA, HOT, MNK, MOS, NI, PBI, PFE, S, TAP, UBS, VLO, VMC, CAR, CBS, DVN, DYN, GLUU, ILMN, MAC, NDLS, NFX, WU, XPO, ZEN, ZG
4 May 2016- BUD, DLPH, ENR, FUN, HAIN, HUM, ICE, KATE, MOS, PCLN, SHOP, TWX, ZTS, CB, EQIX, FIT, GDDY, MAA, MCK, MET, MRO, MUR, PRI, QRVO, TRIP, TROX, TSLA, WFM, WMB, WTW, ZNGA
5 May 2016- APO, AVP, BABA, CHK, DDD, DISCA, FIG, G, ITG, K, LXP, MGM, MRK, OA, REGN, SEAS, WFT, ANET, ATVI, DATA, DWA, ENDP, FEYE, GPRO, HLF, MDVN, OLED, POST, TRUE, UBNT, YELP
6 May 2016- AGN, WLTW, WY,EXC