Earnings and Economic Calendar - From Monday, 2nd of December.

A number of the regular stocks we chart will report this week:
$CRM $CHWY $S $TD $DG $DLTR $LULU $PATH $ULTA $DOCU

$LULU being the most popular but also I am keen to see how $DG and $DLTR perform and if there are any improvements on their previous earnings that were very disappointing.

The Economic Calendar is dominated by Jobs figures this week and will provide the Fed with some guidance for the 11th of December, when it makes its decision on whether to continue Rate Cutting or Pause until the new year.

Economic Calendar (December 2–6, 2024):

Monday, December 2

• ISM Manufacturing PMI (November) – The Institute for Supply Management's (ISM) Manufacturing Purchasing Managers' Index is a critical indicator of the economic health of the manufacturing sector. A reading above 50 signals expansion, while below 50 signals contraction.

• Construction Spending (October) – Measures the total value of construction work done in the U.S. This report provides insight into the state of the housing market and infrastructure development.

Tuesday, December 3

• JOLTS Job Openings (October) – The Job Openings and Labor Turnover Survey (JOLTS) is an important gauge of labor market dynamics. A high number of job openings suggests strong demand for workers.

• Factory Orders (October) – This report provides data on new orders placed with U.S. manufacturers for both durable and non-durable goods. A higher number can indicate expansion in the manufacturing sector.

• Core Durable Goods Orders (October) – Excludes transportation goods and focuses on more consistent economic activity, giving a clearer picture of underlying demand for durable goods.

Wednesday, December 4

• ADP Employment Report (November) – This is a key report from ADP (Automatic Data Processing) that tracks changes in nonfarm private-sector employment. It is often considered a precursor to the more comprehensive monthly payroll report.

• ISM Services PMI (November) – Similar to the manufacturing index, this PMI reflects economic activity in the services sector, which accounts for a large portion of the U.S. economy.

• Trade Balance (October) – This report details the difference between the value of U.S. imports and exports. A large trade deficit may be a signal of economic imbalances.

Thursday, December 5

• Initial Jobless Claims – A weekly report showing the number of individuals filing for unemployment benefits for the first time. It provides insight into labor market conditions and can impact market sentiment.

• Consumer Credit (October) – This report provides insights into household debt and borrowing trends, which can give a sense of consumer confidence and spending power.

Friday, December 6

• Nonfarm Payrolls (November) – The most important labor market report, showing the total number of jobs added or lost in the economy (excluding farm workers). It also includes the unemployment rate and average hourly earnings, which give insights into wage inflation.

• Unemployment Rate (November) – The headline unemployment figure, which is closely watched by economists and policymakers. A steady or declining unemployment rate signals a healthy labor market.
  
  The market will also continue to be influenced by Trump on his intentions for his first 100 days in office and so far, there appears to be a significant shift from the current status quo.