My Investing Muse

Public Holidays China is closed for the whole week as part of her Golden Week celebration. Hong Kong will be closed on the following Monday (02 Oct 2023) for the National Day holiday. Economic Calendar (02Oct2023) Notable Highlights Jobs data . JOLTs job openings will be shared, listing the number of jobs available in the market. PMI - China’s manufacturing PMI will be released, a good barometer on the manufacturing sector for China and the demand for consumption of the rest of the world. US will also be updating their ISM Manufacturing PMI, ISM non-manufacturing PMI. Jobless claims. Initial jobless claims will be announced on Thursday. This would form critical data points for the Fed to decide on the next interest rate adjustment. This is part of the data consideration for the Fed in their coming interest rate decision. Unemployment and Payroll . Nonfarm payroll and unemployment rate data will be released this coming week. These are important data points for the Fed for their comin...

Public Holidays (China, Hong Kong, Singapore & the US) China's golden week - 3rd to 7th Oct 2022 Hong Kong National Day - 4th Oct 2022 Earnings Calendar Earnings for week starting 03 Oct 2022 by Earnings Whispers Earnings will start this week.  The company of personal interest for me is Levi's.   Levi's LEVI stock has fallen 42.12% from a year ago and currently, is hugging the 52-week low of 14.44.  From the peak of 28.62 in Dec 2022, the stock has been on a decline.   From the forecast, Investing has a forecast of 0.3719 and 1.6B for their EPS and revenue respectively.  Despite meeting/beating the forecast for the last few quarters, the stock has been falling from the height in late Dec 2021.  While P/E ratio of 11.87 looks to be affordable, is it a good time to enter for this company? Will the stock be able to beat the current downtrend?  Let us monitor accordingly. News and my muse Market turns to goods when in-person servic...