The Week Ahead September 23-27

Author

Adara LePage
September 22, 2024

The Week Ahead: September 23-27


Big moves from the Fed, a high-stakes election ahead— get ready for lots of excitement in the markets this autumn! Meta is making waves with its 2024 Connect event this week. Retail earnings are dropping, and inflation data looms large this Friday. Get ready for The Week Ahead to prepare yourself for all the latest market action!

🔸 MONDAY: Economic Data Before the Bell

  • Economic Data:

    • Chicago Fed activity index at 8:30 AM

    • S&P Global composite, manufacturing, and services PMI at 9:45 AM

🔸 TUESDAY: Housing Data on Watch

  • Company Events:

    • Nvidia is slated to unveil updates to its robot platform at ROSCon 2024, a robotics development event in Japan.

  • Economic Data:

    • S&P/Case-Shiller home price index and the house price index at 9 AM

    • CB consumer confidence and the Richmond Fed manufacturing index at 10 AM

  • Earnings on Watch: AutoZone is set to report before the bell, and KB Homes is scheduled to report after the close.

(NVDA, AZO, KBH)

🔸 WEDNESDAY: Meta Connect Keynote at 1:00 PM ET

  • Key Event: The 2024 Meta Connect event kicks off with a keynote from CEO Mark Zuckerberg at 1 PM ET and ends on Thursday, September 26. The company is expected to provide updates on its AI and mixed reality projects.

  • Major Earnings: Semiconductor staple Micron reports after the close.

  • Economic Updates:

    • New home sales for August at 10 AM

(META, MU)

🔸 THURSDAY: Powell Takes the Podium!

  • Fed Speak: Fed Chair Jerome Powell is scheduled to speak at 9:20 AM ET, his first comments since the FOMC’s 50 bp rate cut on September 18. Fed’s Williams, Barr, and Kashkari are also scheduled to speak throughout the session.

  • Economic Data:

    • Final GDP print for Q2 and initial jobless claims at 8:30 AM

    • Monthly and yearly changes in home sales at 10 AM

  • Key Earnings: Earnings from major retailer Costco are on watch after the bell. BlackBerry is also reporting post-market, while Accenture, CarMax, and Jabil are set to report before the bell.

(COST, BB, ACN, KMX, JBL)

🔸 FRIDAY: Inflation Data All Morning

  • Economic Data:

    • August PCE data at 8:30 AM

    • Michigan consumer sentiment and inflation expectations at 10 AM

Why Watch Our Video?

  1. Comprehensive coverage of the week's most important market events.

  2. Expert analysis to help you prepare your trading strategy.

  3. Timely information on potential market movers.

Don’t navigate this crucial week alone! Watch "The Week Ahead" now and arm yourself with the knowledge you need to make informed trading decisions.

Stay informed and get ahead of the market with our detailed breakdown of The Week Ahead. Don't miss out - watch the full video here!