Stay one step ahead in the financial world by subscribing to Seeking Alpha’s Wall Street Week Ahead. This insightful newsletter provides a sneak peek into the upcoming week’s major events, ensuring you’re in the loop about the stories poised to make headlines—ranging from upcoming IPOs to investor days, earnings reports, and significant conference presentations.
In an otherwise quiet week for U.S. data releases, all eyes will be on the University of Michigan’s final consumer sentiment index and the existing home sales report for December, both expected on Friday. Meanwhile, from north of the border, we’ll see Canada unveil its consumer inflation figures for December and retail sales data for November.
As we navigate a week that’s shortened due to holidays, some heavyweight companies set to disclose their earnings include Netflix, 3M, Procter & Gamble, Johnson & Johnson, and American Express.
Here’s what’s on the earnings radar:
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Tuesday, January 21: Look out for earnings announcements from Netflix, Prologis, Interactive Brokers Group, 3M, and Capital One Financial. Make sure to check out the full earnings calendar for more details.
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Wednesday, January 22: Heavy hitters on this day include Procter & Gamble, Johnson & Johnson, Abbott Laboratories, GE Vernova, Travelers, and United Airlines Holdings. Don’t miss a beat—refer to the full earnings calendar.
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Thursday, January 23: Earnings will be reported by Intuitive Surgical Group, Union Pacific, Elevance Health, CSX, and American Airlines Group. Stay informed with the complete earnings calendar.
- Friday, January 24: Wrapping up the week, American Express, Verizon Communications, NextEra Energy, and HCA Healthcare will share their financial results. The full earnings calendar will provide further details.
Turning to volatility considerations, keep an eye on Rigetti Computing and D-Wave Quantum, both showing increased implied volatility according to options trading data. Meanwhile, Kohl’s and Hertz Global find themselves among the stocks with the highest short interest as they approach their earnings announcements. Finally, the market is keeping tabs on those equities that are the most overbought based on their 14-day relative strength index.
