U.S. Stock market next week, what you need to know


22-Oct-2017 20:04 PM



  • U.S. stock market rallies last Friday and closed out another new record high with tax reform news. 
  • Volatility index briefly spiked last Thursday on the 30th anniversay of 1987, Black Friday.
  • Market will be in full swing next week with earning reports. Here are the most notable earnings due out next week:
  1.  CMG- Oct 24 after market close
  2.  CAT-Oct 24, before market open
  3. AMZN- Oct 26 after market close
  4. GOOGL/GOOG -Oct 26 after market close
  5. XOM- Oct 27 before market open
  • These are the notable biotech earnings: CELG, GILD, AMGN, ALXN, BIIB, ILMN, BMY, BMRN

#VIX volatility 

Notable Economic calendar:

  1. Monday: Chicago Fed national activity index. ECB's Praet Speak.
  2. Tuesday: U.S manufacturing PMI. (Cons 53.6)
  3. Wednesday: Core Durable goods order at 7:30am (cons 0.5%). New Home sales for September (Cons 555k)
  4. Thursday: Initial Jobless claims 9235k exp; 220k previously)
  5. Friday: U.S GDP (QoQ) for Q3, est 2.6%, previiously 3.1%

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Disclaimer! This is NOT an investment advice. The data result herein is purely speculation only. You must do your own due diligence and mitigate your risk. You acknowledge that will not be held responsible and accountable for any losses you may incur using our Biotech Data Calculator. Please consult your own financial adviser before executing trades.