The Investing Week Ahead: 3/7/22
Join me as I highlight the most important topics to attack the investing week ahead.
Welcome to March Madness… and we’re not just talking basketball.
The devastating scenes in Ukraine are already sending shockwaves around the world. For us younger folks, there’s likely never been as important a time in our lives to be wise about what we do with our cash and where we’re investing it.
Gasoline, commodities like corn & soy, flights for business & luxury, utilities for your home, and more are all in the queue to have prices soar.
The Rate of Return team will be doing everything possible to help you navigate these increasingly stressful times — we’ve got this.
Let’s breakdown everything you need to know this week.
In this post, we’ll cover:
Quarterly financial reports worth reading
Investor events to keep an eye on
Major economic releases
Consider using Seeking Alpha to conduct your research along the way.
The Investing Week Ahead - Too Long, Didn’t Read:
The Market Sell-Off continues as forecasters call for slower growth & higher inflation throughout 2022 | Oil Prices surge to 13-year high | American Farmers already feel the commodity flow uncertainty from the Russian invasion | Asana joins CrowdStrike and Olaplex as the main earnings presenters this week | Apple unveils new products | We see a long list of investor days from AT&T, eBay, GE, & Kohl’s | A technology conference hosted by Morgan Stanley will feature major speakers | US Balance of Trade reveals our foreign deficit | The market prepares for a cringeworthy Inflation Reading
Key Earnings Announcements:
Some familiar names enter a more focused spotlight this week, as we wind down on the Q1 earnings season.
Monday (3/7): Squarespace
Tuesday (3/8): Bumble | Casey’s General Stores | Desktop Metal | Dick’s Sporting Goods | MongoDB | Petco | Olaplex | Stitch Fix
Wednesday (3/9): Asana | Campbell’s | Crowdstrike | Marqeta | Oatly | Thor Industries | United Natural Foods
Thursday (3/10): Acuity | Blink | Build-A-Bear Workshop | Clarivate | DocuSign | JD.com | Oracle | Rivian | Ulta Beauty
Friday (3/11): Futu
Questions we’re asking:
Can Bumble provide strong enough guidance to compete with Match Group (Tinder, Match, PlentyOfFish, Hinge, etc.) over the long-term?
Will Dick’s Sporting Goods deliver on high expectations?
Will Asana CEO Dustin Moskovitz just keep buying?
Can CrowdStrike re-emerge in the cybersecurity space to catch up with the likes of Palo Alto Networks?
Will our friend Chris Camillo be proven right on his Build-A-Bear play?
Can Ulta Beauty deliver a strong enough performance to consider adding them to my long-term holds?
Companies continue to hold “investor days” to ease the minds of those worried about current market conditions.
Monday (3/7): Kohl’s Investor Day
Tuesday (3/8): Apple “Peek Performance” Product Release
Wednesday (3/9): Lordstown Motors Endurance Full-Size Pickup at the Indianapolis Work Truck Week
Thursday (3/10): eBay Investor Day, GE Investor Day
Friday (3/11): AT&T Investor Day
All Week: Morgan Stanley’s Technology, Media & Telecom Conference | UBS Global Consumer & Retail Conference | JMP Securities Technology Conference | Cowen 42nd Annual Health Care Conference
Business leaders like Microsoft CFO Amy Hood and Airbnb CEO Brian Chesky are set to speak at the Morgan Stanley TMT Conference.
Looking forward to seeing what they say about the Activision Blizzard acquisition and Airbnb’s decision to suspend operations in Russia and Belarus.
Major Economic Updates:
All eyes on the inflation reading.
Monday (3/7): Consumer Credit
Tuesday (3/8): US Balance of Trade
Wednesday (3/9): Job Openings / Quits
Thursday (3/10): Consumer Price Index (CPI)
The most recent inflation rate for January came in at +7.5% — the highest since 1982.
Economic analysts are calling for February’s reading to be around +7.8% — only capturing the early impacts to prices from Russia’s newly-declared war.
What specific events are moving stocks the most?
Our friends at LevelFields took the time to scrub through thousands of data points and determine how events impacted stock prices last week. It’s a killer platform for catching trading opportunities as they arise.
This info may help you with forming your swing trading theses this week (if that’s your thing), or simply seeing what actions cause stocks to jump! It’s clear that stock buybacks are an unbelievable catalyst for price appreciation, in any market conditions.
If you find these Week Ahead posts helpful, please consider sharing with a friend! Have a great start to your week!
Disclaimer: This is not financial advice or recommendation for any investment. The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.