In the upcoming trading week, pay attention to key earnings reports with 514 companies reporting, notably NVIDIA, Lowe's, Autodesk, and more in the retail space. Notably, watch for John Deere's report on Wednesday.
Happy Thanksgiving to all on Thursday! However with no market activity, Friday could see potentially high volatility due to the US Manufacturing and Services numbers’ release, despite it being a half-day session post-holiday with lower liquidity.
Additionally, Fed Chair, Jerome Powell's FOMC meeting minutes, indicating the Fed's stance on rates and inflation, arrive Tuesday at 2:00 p.m. ET, potentially impacting market volatility.
Expect Europe's services and manufacturing numbers throughout Thursday early morning (which again is Thanksgiving when US markets are closed). This may influence market sentiment when the US market reopens on Friday.
Given the anticipated volatility, it might be wise to avoid trading on Friday.
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