My Investing Muse

Public Holidays No public holidays for Hong Kong, Singapore & China in the coming week. The USA is closed on 4 September 2023 (Mon) for Labor Day. Thus, the USA market will be closed on Monday and open from 5th Sep 2023 onwards. Economic Calendar (04Sep2023) Notable Highlights PMI . S&P Global US Services PMI and ISM Non-Manufacturing PMI will be released in the coming week. These will give us some insights on how non-manufacturing/services industries are doing in the USA. ISM Non-Manufacturing Prices will also be released which we use as a reference for the inflationary pressures faced by non-manufacturing players in the USA. 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. Crude Oil Inventories can be seen as forward indicators of market demand and consumption. If ...

Public Holidays No public holidays for Singapore, Hong Kong, China & the USA Earnings Calendar Earnings for the week starting 7th Nov 2022 For this coming week, there are a few earnings of personal interest, starting with Palantir, Disney, DuPont, Occidental and NIO.  For Disney, its outlook will be a good reference on the re-opening and people going out for more service/experience after 2 years of Covid19.  NIO is one of the famous China EV brands that is challenging in the luxury end.  DuPont is one of the top speciality chemicals whose outlook can be a good reference for future consumption.  Occidental's investment by Berkshire has propelled the stock into fame.  Its outlook can also be a good indicator of the economy's future consumption. Palantir Palantir's stock has fallen from its 52-week high of 27.11 and is currently at 7.93 (just above the 52-week low of 6.44.  The stock price has fallen 69.5% from a year ago.   For the coming earnin...

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...