Major stock indexes were lower for the week as all indexes fell.
Geopolitical and Fiscal Events. Wednesday sees the Bank of Canada is out with its latest decision. Thursday the ECB is out with its latest decision. Federal Reserve Speakers are in a blackout period this week before its FOMC meeting next week.
Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and new home sales, durable orders, Q3 GDP, pending home sales, personal income and PCE Core.
Earnings Releases. Notable releases this upcoming week include: CDNS BRO (Mon) MSFT GOOG (Tues) META TMO (Wed) AMZN MA (Thurs) XOM CVX (Fri).
Monday, October 23rd
None of note.
Tuesday, October 24th
The 2-Year Treasury Auction is held at 1:00 p.m. EDT.
Wednesday, October 25th
September New Home Sales are due out at 10:00 a.m. EDT and expected to come in at 683,000 from 675,000 last month.
The Bank of Canada is out with its latest interest rate decision during market hours.
The 5-Year Treasury Auction is held at 1:00 p.m. EDT.
Thursday, October 26th
September Durable Orders are due out at 8:30 a.m. EDT and is estimated to come in at 1.50% after coming in last month at 0.2%.
Q3 GDP is due out at 8:30 a.m. EDT as well and is expected to rise to 4.0% from 2.1% in Q2.
The European Central Bank is out with its latest interest rate decision and will then hold a press conference, both before the open.
September Pending Home Sales are due out at 10:00 a.m. EDT and are estimated to come in at 0.5% from -7.10%.
The 7-Year Treasury Auction is held at 1:00 p.m. EDT.
Friday, October 27th
September Personal Income is due out at 8:30 p.m. EDT and is expected to stay at 0.4%.
September PCE Core is expected to come in at 0.3% from 0.1% when released at 8:30 a.m. EDT.
October University of Michigan Consumer Sentiment is due out at 10:00 a.m. EDT and is expected to rise to 63.10 from 63.
STOCK SPLITS OR REVERSE SPLITS THAT ARE SHORT SQUEEZES
None of note.
STOCK SPLITS THAT ARE LONG SQUEEZES
None of note.