SPDR® S&P 500 ETF Trust (SPY)Clark Schultz,
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Welcome to Seeking Alpha’s Catalyst Watch – a breakdown of some of next week’s actionable events that stand out. See Seeking Alpha’s earnings calendar for a full list of companies due to report.
Monday – April 8
- Fluctuation Clock – Options trading volume on TeraWulf has been increased (WOLF) and Aurora Cannabis (ACB). According to their 14-day relative strength index, AltC acquisitions are among the most overbought stocks (ALCC), SIGA Technologies (SIGA), and Color Technology Group (KULR). According to their 14-day relative strength index, the top selling stock is Disc Medicine, Inc.iron) Amylyx Pharmaceuticals (AMLX), and Humana (We).
- whole week – The American Association for Cancer Research meeting will keep the healthcare industry busy with drug data and presentations.
- Earnings Watch – Notable companies due to the report include Lotus Technology (LOT).
- All day – The Department of Justice’s third annual Spring Enforcement Summit will feature remarks by FTC Chair Lena Khan and DOJ Antitrust Chief Jonathan Kanter.
- All day – The IPO lock-up period expires on blocks of Birkenstock (BIRK) shares. The shoe company priced its IPO at $46 a share and traded as high as $55. At the time of publication, Birkenstock was hand trading at $42.66 per share.
- All day – A total solar eclipse will turn from day to night in parts of North America on Monday. Krispy Kreme ( DNUT ), Southwest Airlines ( LUV ), and Delta Airlines ( DAL ) are some of the companies whose promotions will resonate during the eclipse.
- All day – Inozyme Pharma (INZY) will host a conference call to discuss top-line data from its ongoing Phase 1/2 trial of INZ-701 in adults with ABCC6 deficiency.
- All day – Intel ( INTC ) will hold its Intel Vision event in Phoenix, Arizona. The theme of this year’s event is “Bringing AI Everywhere”.
Tuesday – April 9
- Earnings Watch – Notable companies due to the report include Neogen ( NEOG ), PriceSmart ( PSMT ), and Tilray Brands ( TLRY ).
- All day – Nasdaq will release its latest short interest data report.
- All day – The three-day Google Cloud Next event will begin. The tech giant will showcase its AI-powered assistant Gemini, Generative AI Studio, and AI platform tools during the event.
Wednesday – April 10
- Earnings Watch – Notable companies due to the report include Delta Airlines ( DAL ), Applied Digital ( APLD ) and Rent the Runway ( RENT ).
- All day – Dolby Laboratories (DLB) will provide a theater industry demo of the combined Dolby Vision and Dolby Atmos experience at Caesars Palace during the CinemaCon 2024 convention.
- All day – DocuSign (DOCU) will hold its two-day Momentum24 event. CEO Alan Thegison will be one of the keynote speakers.
- 8:00 am KKR & Co. (KKR) will hold an investor day event that will include presentations from its business leaders. Shares of KKR have been volatile after similar incidents in the past.
- 8:30 am The Consumer Price Index report for March will be released. Headline CPI is forecast to rise 0.3% month-on-month and 3.5% year-on-year. Core CPI is expected to rise 0.3% M/M and 3.7% Y/Y.
- 12:45 p.m Federal Reserve Bank of Chicago President Austin Golsby will participate in a panel discussion before the Social Finance Institute.
- 2:00 p.m The Federal Reserve will release the minutes of the March 19-20 FOMC meeting.
- Post Market – Costco (COST) will release its March sales report.
Thursday – April 11
- Earnings Watch – Notable companies due to the report include Constellation Brands ( STZ ), CarMax ( KMX ), and Fastenal ( FAST ).
- All day – Thyssenkrupp ( OTCPK:TYEKF ) ( OTCPK:TKAMY ) is expected to unveil initial details of a major restructuring planned at its steel division.
- All day – OPEC will publish its monthly oil market report.
- 8:15 am The European Central Bank will announce interest rate policy. Officials are expected to leave policy on hold, but set the stage for a key interest rate cut of 25 basis points in June.
- 8:30 am The producer price index report for March will be released.
- 8:30 am New York Federal Reserve Bank President John Williams will speak before the Federal Home Loan Bank of New York 2024 Member Symposium.
- 10:00 am Marvell Technology (MRVL) will hold a special event titled Accelerated Infrastructure for the AI Era.
Friday – April 12
- Earnings Watch – Notable companies due to the report include JPMorgan Chase ( JPM ), Wells Fargo ( WFC ), BlackRock ( BLK ), and Citigroup ( C ).
- All day – United States Steel ( X ) will hold an extraordinary shareholder meeting to vote on a purchase offer from Nippon Steel.
- 10:00 am The preliminary reading of the University of Michigan Consumer Sentiment Index for April will be released.
- 3:30 p.m San Francisco Federal Reserve Bank President Mary Daley to speak at fintech conference
Seeking Alpha editor Josh Fineman contributed to this story.