❇️❇️Short Week on Wall Street: Labor Data and Earnings in Focus
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Portfolio Performance:
❌ 2022: -9.63%
✅ 2023: +39.72%
✅ 2024: +17,13%
🎯 2-Year (2Y) Yield: +47,9%
Risk Score: 4️⃣
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🔹The upcoming week on Wall Street will be shorter due to the Labor Day holiday on Monday, but it will be packed with important economic events and earnings reports. The focus will be on the labor market, starting with the JOLTS job openings report on Wednesday, followed by the ADP private employment report on Thursday. The week will culminate with the August nonfarm payrolls report on Friday, which could significantly influence the size of the expected rate cut by the Federal Reserve in September.
🔹On the earnings front, some notable names reporting results include Zscaler, DICK'S Sporting Goods, Dollar Tree, and Broadcom. These companies could offer clues about the state of their respective sectors in an uncertain economic environment.
🔹Also, Powell Max Limited, a Hong Kong-based financial communications services company, is expected to go public, planning to raise up to $9.9 million. In the volatility arena, Terns Pharmaceuticals and Canoo options are showing high trading volumes.
$ZS (Zscaler Inc)$DKS (Dicks Sporting Goods Inc)$DLTR (Dollar Tree Inc)$AVGO (Broadcom Inc)$VZIO (VIZIO Holding Corp)... Show More
