Earnings and Economic Data for the week ahead.

Firstly, well done to Vojtech our Moderator and active team member for doing a great job managing the chat groups and keeping us all on message, he has been a voice of reason and picks up the mood of the groups very well and addresses concerns immediately, this helps me stay focused on analysing charts and fundamentals knowing that the group is staying on the right path too.

He is also adding value by creating our own Weekly Earnings temple (above) and has a few more project that will be revealed over the next few weeks, so thank you!!

Earnings season officially kicks off this week and for me, the most important factor from this season is observing sustained growth and guidance.

As always, I will try upload as many charts as I can leading up to important earnings as I have done for many previous seasons before and this has helped members stay on track and some people take advantage.

ECONOMIC CALENDAR:

Monday, January 6th

No major economic data releases scheduled.

Tuesday, January 7

• Trade Balance (November): Expected to provide insights into the trade deficit and net exports' contribution to GDP.

• ISM Services PMI (December): A key gauge of the U.S. services sector's economic activity.

• JOLTS Job Openings (November): Data on job vacancies, offering insights into labor market tightness.

• Eurozone: Inflation Rate Year-over-Year (YoY) flash estimate for December, indicating price stability across member countries.Wednesday, January 8

Thursday, January 9

• Initial Jobless Claims (Weekly): A measure of new unemployment insurance claims, a leading labor market indicator.

• Continuing Jobless Claims (Weekly): Provides data on the number of people receiving ongoing unemployment benefits.

Friday, January 10

• Non-Farm Payrolls (December): A critical indicator of employment trends across the economy.

• Unemployment Rate (December): Reflects the percentage of the labor force currently unemployed.

• Average Hourly Earnings (December): A measure of wage inflation and consumer purchasing power.

• China: Inflation Rate YoY for December, indicating consumer price changes.