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*dates subject to change*
For the second week of April, the markets continued on a volatile path, however, steaming trending ahead to reach previous yearly highs.
Some earnings highlights included CarMax, which grew by a considerable margin after posting higher-than-expected revenues that fluctuated to their bottom line.
Investors, and everyday citizens were able to breathe after the Bureau of Labor Statistics released the March CPI report. With cooling inflation on the consumer side, the producer side also showed historic gains.
Overall, markets have whipsawed despite the positive economic data, mainly due to the Fed’s comments on the high probability of a recession later this year. Next week, investors should monitor companies’ earnings to gauge the route the Fed will take in their interest rate meeting on May 3rd.
Here are the companies from this week’s expected earnings:
- Charles Schwab – 04/17 (#charsh)
- Netflix – 04/18 (#netflx)
- Bank of America – 04/18 (#bankamer)
- Tesla – 04/19 (#tesla)
- American Express – 04/20 (#amex)
- Proctor and Gamble – 04/21 (#pg)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!