Big Earnings Week with 42% of the S&P reporting!
Everything you need to know about the markets in three minutes or less.
Good night, good morning!
We have 42% of the S&P 500 reporting earnings this week! Get ready for a busy week with the email below, brief, to the point, and everything upcoming. Have a great week!
Friday Close:
Another busy week continues, as we have Microsoft, Google, and Amazon all reporting this week. Other notable Fortune 500 companies are set to report too.
Past Week’s Market Performance
The Dow Jones Industrial Average closed down 0.35% for the week, led by AT&T’s large 10% drop after concerns about slowing demand, and Tesla’s 10% drop on Thursday after reporting a profit decline of 24%.
News of the Week
Read more news here at https://unusualwhales.com/news
Apple partners with Goldman Sachs for savings accounts, offering a 4.15% interest rate. (Read more)
ChatGPT can now predict stock moves based on news headlines (Read more)
Meta's Mark Zuckerberg retained his $1 salary but increased his compensation (Read more)
$247 billion of taxpayer money was wasted in the U.S. in 2022 (Read more)
Millennial renters need to save 50% more than homeowners to retire (Read more)
In March, the sale price of the average new car slipped below sticker price for the first time in almost two years. (Read more)
The House Republicans have proposed lifting the debt limit by $1.5 trillion or until March 31, 2024 (Read more)
28 million Americans plan to buy homes within 2023 (Read more)
Zillow posts national median sales price of all homes at $334,269 (Read more)
Space X Starship Launches on 4/20 (Read more)
Cathie Wood's $ARKK team released their latest $TSLA, Tesla price target: $2000 per share in 2027 $5 trillion valuation (Read more)
Joe Biden is potentially looking to formally launch his reelection campaign next week (Read more)
Deloitte to let go of 1,200 US workers (Read more)
Day traders lose $358,000 per day gambling on zero-day options (Read more)
A new bipartisan bill will be introduced to let the U.S. Mint alter the metal content of coins to save money (Read more)
On May 1st, a new mortgage structure is in place for various FICO scores (Read more)
Notable Upcoming Earnings
See all earnings, implied moves, and more for free at unusualwhales.com/earnings
Monday
KO (premarket) Implied move: +/- 2.1% Sector: Consumer Defensive
PHG (premarket) Implied move: +/- 13.3% Sector: Healthcare
FRC (afterhours) Implied move: +/- 27.6% Sector: Financial Services
CLF (afterhours) Implied move: +/- 7.2% Sector: Basic Materials
Tuesday
GM (premarket) Implied move: +/- 5.9% Sector: Consumer Cyclical
VZ (premarket) Implied move: +/- 4.0% Sector: Communication Services
DOW (premarket) Implied move: +/- 3.5% Sector: Basic Materials
MMM (premarket) Implied move: +/- 4.5% Sector: Industrials
GOOGL (afterhours) Implied move: 5.4% Sector: Technology
MSFT (afterhours) Implied move: 4.1% Sector: Technology
V (afterhours) Implied move: 3.5% Sector: Financial Services
CMG (afterhours) Implied move: 6.2% Sector: Consumer Cyclical
Wednesday
BA (premarket) Implied move: +/- 4.6% Sector: Industrials
UMC (premarket) Implied move: +/- 8.4% Sector: Technology
META (afterhours) Implied move: +/- 9.1% Sector: Communication Services
ROKU (afterhours) Implied move: +/- 13.6% Sector: Communication Services
TDOC (afterhours) Implied move: +/- 12.1% Sector: Healthcare
Thursday
AAL (premarket) Implied move: +/- 5.5% Sector: Industrials
MO (premarket) Implied move: +/- 2.0% Sector: Consumer Defensive
SIRI (premarket) Implied move: +/- 9.5% Sector: Communication Services
ABBV (premarket) Implied move: +/- 3.0% Sector: Healthcare
AMZN (afterhours) Implied move: +/- 7.0% Sector: Consumer Cyclical
INTC (afterhours) Implied move: +/- 6.9% Sector: Technology
ATVI (afterhours) Implied move: +/- 7.7% Sector: Communication Services
SNAP (afterhours) Implied move: +/- 15.8% Sector: Communication Services
Friday
XOM (premarket) Implied move: +/- 3.0% Sector: Energy
CVX (premarket) Implied move: +/- 2.9% Sector: Energy
U.S Economic Events
Monday
none
Tuesday
9:00 am FHFA home price index
10:00 am New home sales
10:00 am Consumer Confidence
Wednesday
8:30 am Durable-goods orders
8:30 am Durable-goods minus transportation
8:30 am Advanced U.S. trade balance in goods
8:30 am Advanced retail inventories
8:30 am Advanced wholesale inventories
Thursday
8:30 am GDP
8:30 am Initial jobless claims
8:30 am Continuing jobless claims
10:00 am Pending home sales
Friday
8:30 am Employment cost index
8:30 am Personal income (nominal)
8:30 am Personal spending (nominal)
8:30 am PCE index
8:30 am Core PCE index
8:30 am PCE (year-over-year)
8:30 am Core PCE (year-over-year)
9:45 am Chicago Business Barometer
10:00 am Consumer sentiment (final)
Unusual Whales Events
Options flow data downloads, previously only available to lifetime/triannual subscribers, is now available for all annual LIVE data plan users: https://unusualwhales.com/data/download
The last 30 days of data is made available, with the daily files being made available shortly after market close.
Option contract intraday charting now goes back 7d + 14d You can change it to aggregate across 1 minute, 5 minute, or 15 minute option candles.
Hot Chains has been added to the mobile app, fully filterable, and includes watchlists.
Once again, check unusualwhales.com/earnings for the full earnings.