The Market Week Ahead: Sep. 9 – Sep. 13

 

Sep. 9, 2019 –  This week is, on paper, looks like it could be pretty quiet. Things have had a way of not shaping up that way recently though, so that’s not necessarily what we’re expecting.

It seems likely we’ll get some announcement about trade. Most likely we’ll get some announcement about trade talks with China. Best reasonable case is probably an announcement of dates for talks. 

It is also possible we’ll get an announcement about new tariffs on European imports, which are said to include mainly agricultural products including cheese and wine. This may be met with retaliation by the Europeans, but what that would look like is a bit harder to guess.

With a light calendar, and the potential for not much news, technical factors such as those we mentioned on Friday could come into play this week.

Economic Events this Week

Inflation data is likely to get the pre-Federal Reserve debate about interest rates going, but beyond that, this is a pretty quiet week for data.

  • Wednesday
    • 8:30 a.m. – PPI
    • 10:30 a.m. – EIA Crude Oil Inventories
  • Thursday
    • 8:30 a.m. – CPI
  • Friday
    • 8:30 a.m. – Retail Sales
    • 10:00 a.m. – Univ. of Michigan Consumer Sentiment – Prelim.

Earnings Reports this Week

This is one of the slowest weeks for the earnings calendar.

Tuesday:

  • Before the bell: HDS
  • After the bell: ZS, RH

Wednesday:

  • Before the bell: None
  • After the bell: ACB

Thursday:

  • Before the bell: KR
  • After the bell: ORCL, AVGO

Friday:

  • Before the bell: None

Sector Analysis 

Strong Sectors past Month

These sectors are up 5% or more in the last 20 trading days:

  • Crude Oil
  • Silver
  • Semiconductors
  • Oil Services

Weak sectors past month

These sectors are down 5% or more in the last 20 trading days:

  • Junior Gold Miners
  • Solar
  • Gold Miners
  • Biotechnology
  • Agriculture

Strong sectors past five trading days

These sectors are up more than 3% in the last five days.

  • Oil Services
  • Coal
  • Oil & Gas Exploration
  • Steel
  • Robotics & Artificial Intelligence
  • Retail
  • Semiconductors
  • Banks
  • Regional Banks
  • Financials

Weak sectors past five trading days

These sectors are down more than 3% in the last five days.

  • Junior Gold Miners
  • Gold Miners
  • Solar
  • Biotechnology

Bobby Raines

Bobby Raines

Bobby Raines is the Managing Editor of the Market Intelligence Center. He has degrees in Mass Communications and History from Emory & Henry College. Bobby worked at a mid-sized daily newspaper before making a switch to covering the financial industry full time in the years leading up to the financial crisis. He has been a member of the Fresh Brewed Media team since 2011 and has served as a writer and analyst. You can write to him at braines@marketintelligencecenter.com or follow him on Twitter: @BRatMICenter.

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