Weekly calendar 11/07 ~11/11/2016
We have a light week for economic data, but some important earnings reports for retail stocks.
The “A” List
- JOLTs report (M). Few understand, but the main use is labor market structure.
- Michigan Sentiment (F). Has been weaker than the Conference Board version. An important indicator.
- Initial claims (Th). The best concurrent indicator for employment trends.
The “B” List
- Wholesale inventories (W). Volatile and challenging to interpret. Rebound expected.
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Crude inventories (W). Recently showing even more impact on oil prices. Rightly or wrongly, that spills over to stocks.
More important than the economic data will be continuing earnings news. We also have almost daily Fedspeak and plenty of international events and speeches. And most important of all – the election.
