My Investing Muse

  Public Holidays No public holidays for Hong Kong, Singapore, the US & China in the coming week. Economic Calendar (14Aug2023) Economic Calendar for the week starting 14 Aug 2023 Notable Highlights Retail data  - Core retail sales and retail sales data will be announced this week. This reflects consumption in the USA. Building Permits . This will shed some light pertaining to real estate. Philadelphia Fed Manufacturing Index . From investing >  The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. 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 ...

Public Holidays Nil - Singapore, Hong Kong, China & the USA Economic Calendar Economic Calendar of the week starting 31 Oct 2022 Some of the things to look out for: The week started with China's manufacturing PMI (Oct) falling to 49.2 against a forecast of 50.0.  As China remains the world's factory, this will bring concern about the weakening demand of the rest of the global market. US ISM manufacturing PMI (Oct) will be announced.  This represents the outlook of the producers/manufacturers.  If this continues to be on a downtrend, the market demand looks to be bearish. Crude Oil Inventories, this is one the leading indicators (for me) coming to inflation and consumer demand. If the inventory is more than the forecast amount, this implies a weakening demand (seen from the oil producers). Initial jobless claims, nonfarm payrolls and the unemployment rate will be important data points for the Fed to take into consideration for the last rate hike of the year.  If t...

Public Holidays (US, Singapore, China & Hong Kong) Singpapore - 24 Oct 2022 for Diwali No public holidays for the US, China & Hong Kong Earnings Calendar This is probably one of the most important earnings weeks because of Big Tech and other key businesses such as Oil & Gas. With the coming earnings of Microsoft, Alphabet, Meta, Apple & Amazon (FAANG+ without Netflix), this is probably the most important week of earnings. From Slickcharts above, Apple, Microsoft, Amazon, Alphabet (Class A & C), & Meta account for 20.69 of the weightage in S&P500. These are the companies that are leading the growth in the US.  If Big Tech does not perform well in the coming week, it is hard to see how the rest of the companies can help the S&P500 to rally.  At the same time, companies like Exxon Mobil and Chevron Corporation have also benefitted from the recent energy crunch.  These 2 companies are also expected to be benefitting as the world fights an energ...

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...