TDR’s US Stock Market Preview For The Week Of January 23, 2023

A weekly stock market preview and the data that will impact the tape. Sunday Evening Futures Futures Posted 6:30EST Weekend News And Developments American lawyers on Sunday pushed the US government to export M1 Abrams main battle tanks to Ukraine, saying that even sending a symbolic number to Kyiv would be enough to push European allies to do the same . Brazilian President Luiz Inacio Lula da Silva fired the army commander, General Julio Cesar de Arruda, on Saturday, a source with knowledge of the matter said. China: Hundreds of millions of Chinese people are celebrating the 2023 Lunar New Year this weekend, after Beijing in December reversed the zero-Covid policy which kept most of its population close to home during the pandemic. Market-watchers, meanwhile, are hoping for an economic reversal of fortune, as China emerges from pandemic-induced slowdowns. COVID-19 rebound in China over the next two or three months is remote as 80% of people have been infected, a prominent government scientist said on Saturday. Debt ceiling breached in the US government as standoff in Congress awaits. A bipartisan group of US lawyers is preparing a plan to defuse a looming crisis over the nation’s debt ceiling by changing it from a fixed dollar amount to a percentage of national economic output, the group’s top Republican said on Sunday. DNB Asset Management materially increased investments in EV maker Tesla and Plug Power, a hydrogen fuel-cell technology company, while slashing its stake in General Motors in the fourth quarter. French arm of the Russian state-owned RT television network said on Saturday it was shutting down after authorities used European Union sanctions to freeze its bank accounts. Genesis: Three former employees of the company claimed they had secured millions of dollars for a new crypto hedge fund, according to correspondence viewed by CNBC. Google employees are scrambling for answers from leadership and from colleagues as the company undergoes a massive layoff. Iran’s currency fell to a record low against the US dollar on Saturday amid the country’s increasing isolation and possible Europe Union sanctions against Tehran’s Revolutionary Guards or some of its members. Juul Labs secured preliminary court approval of a $255 million settlement resolving claims by consumers that deceptively marketed e-cigarettes, as the company seeks to resolve thousands of lawsuits. Juul Labs Inc on Friday secured preliminary court approval of a $255 million settlement resolving claims by consumers that deceptively marketed e-cigarettes, as the company seeks to resolve thousands of lawsuits. https://t.co/c7W6mP9Oyp— Reuters Health (@Reuters_Health) January 21, 2023 Kotak Mahindra Bank on Saturday reported a 31% increase in standalone net profit for the October-December quarter, aided by a strong topline and healthy loan growth . Nornickel has proposed slashing its annual dividend for 2022 to $1.5 billion from the $6.3 billion paid out for 2021, the economic news outlet RBC reported on Saturday, citing three sources close to the board of directors. President Joe Biden’s White House chief of staff, Ron Klain, plans to leave his post in the coming weeks, sources familiar with the matter said on Saturday. Russian private military contractor Wagner published a short letter to the White House asking what crime his company he was accused of, after Washington announced new sanctions on the group. Ukraine: President Volodymyr Zelenskiy attended a memorial service on Saturday to commemorate seven senior officials killed in a helicopter crash, a fresh blow to a nation already grieving its many war dead. US existing home sales fall most on record on a month-over-month basis. US power chip maker Wolfspeed Inc (WOLF.N) is planning to build a factory in Germany for more than 2 billion euros, Handelsblatt reported on Saturday. Yes Bank (YESB.NS) reported a surprise 80% plunge in quarterly profit on Saturday as provisions for bad loans increased. 🏛️What The Analysts Are Saying…🏛️ “I think inflation is going to get sticky in midyear at around 4%… This transition is particularly noteworthy because inflationary pressures are now less sensitive to central bank policy action. The result could well be more sticky inflation at around double the level of central banks’ current inflation target.” — Mohamed El-Erian, president of Queens’ College at the University of Cambridge “In bonds our kryptonite is inflation. Our thesis is that peak inflation is in the rear view mirror and we suspect by mid-year or later there will be evidence the economy is really weakening and inflation is melting. A lot of tightening is still set to hit the economy at a time when it is already slowing. At this point I don’t see a reason to be bearish on bonds.” — Jack McIntyre, portfolio manager at Brandywine “Sell strength on any move back toward the August highs of 4300… I just don’t want to pay an 18 P/E multiple for 0% expected earnings growth.” — Goldman Sachs trader comments on short term market strategy SPY squeezing between upper & lower weekly trendline—direction of next big move unclear “We have the technologies we need. The International Energy Agency says, for a 50% reduction [in energy-related emissions], we have all we need with proven deployment models already available for us. The next 50%, after 2030, we have the technologies that are in development. We see the path to improve them. We know how to get there.” — Al Gore, special US envoy at Davos 📈Last Week’s Best & Worst Performing Assets📉 👀The Week Ahead…👀 Earnings reports will dominate the conversation around stocks next week with Tesla (NASDAQ:TSLA), Microsoft (MSFT), Visa (V ), Mastercard (MA), Johnson & Johnson (JNJ), and Boeing (BA) some of the heavyweights due to report. Federal Reserve speakers will be in a blackout period ahead of the February FOMC meeting, but economic reports will still pour in. Updates on the S&P Case-Shiller Home Price Index, new home sales, durable goods orders, and consumer sentiment could reinforce the expectation for a recession in the US and set the table for a 25-point rate increase from the Fed, instead of a 50-point hike. Read the rest @ Seeking Alpha. US Economic Calendar TIME (ET)REPORTPERIODMEDIAN FORECASTPREVIOUSMonday, Jan. 2310:00 AMLeading economic indicatorsDec.-0.70%-1.00%Tuesday, Jan. 249:45 AMS&P US manufacturing PMI (flash)Jan.4746.29:45 AMS&P US services PMI (flash) )Jan.45.344.7Wednesday, Jan. 25None scheduledThursday, Jan. 268:30 AMInitial jobless claimsJan. 21199,000190,0008:30AMContinuing jobless claimsJan. 14—1.65 million8:30 AMReal gross domestic product, first estimate (SAAR)Q42.80%3.20%8:30 AMReal final sales to domestic purchasers, first estimate (SAAR)Q4—1.50%8:30 AMTrade in goods (advance) Dec.—-$83.3 billion8:30 AMDurable goods ordersDec.2.90%-2.10%8:30 AMCore capital goods ordersDec.—-0.10%8:30 AMChicago Fed national activity indexDec.—N/A10:00 AMNew home sales (SAAR) Dec.615,000640,000Friday, January 138:30 AMReal disposable incomes (SAAR)Dec.—3.20%8:30 AMReal consumer spending (SAAR)Dec.—0.10%8:30 AMPCE price indexDec.—0.10%8:30 AMCore PCE price indexDec.0.30%0.20%8:30 AMPCE price index, year-over-yearDec.—5.50%8:30 AMCore PCE price index, year-over-yearDec.4.40%4.70%10:00 AMUMich consumer sentiment index (late)Jan.64.664.610:00 AMUMich 1-year inflation expectations (late)Jan.—4.00%10:00 AMUMich 5-year inflation expectations (late)Jan.—3.00%10:00 AMPending home salesDec.-1.50 %-4.00%US Economic Calendar, TDR stock market preview 😎Meme Of The Week😎 US Earnings Calendar DateCompanyS ymbolEPS EstimateMonday, Jan. 23Baker HughesBKR$0.40 per shareBank of HawaiiBOH$1.42Brown & BrownBRO$0.46FNBFNB$0.42Logitech InternationalLOGI$1.03Synchrony FinancialSYF$1.13UmpquaUMPQ$0.54Zions BancorpZION$1.66Tuesday, Jan. 24AgilysysAGYS$0.21Canadian National RailwayCNI$2.09Capital One FinancialCOF$3.86DR HortonDHI$2.24DanaherDHR$2.50F5 NetworksFFIV$2.33General ElectricGE$1.16HalliburtonHAL$0.67Intuitive SurgicalISRG$1.25InvescoIVZ$0.36Johnson & JohnsonJNJ$2.24Lockheed MartinLMT$7.37MicrosoftMSFT$2.30NavientNAVI$0.84Old National BancorpONB$0.57PACCARPCAR$2.21Raytheon TechnologiesRTX$1.25Texas InstrumentsTXN$2.03TravelersTRV$3.40Union PacificUNP$2.79Veritex HoldingsVBTX$0.88VerizonVZ$1.19WesBancoWSBC$0.83Western Alliance BancorpWAL $2.66Wednesday, January 25Abbott LabsABT$0.93 per shareASMLASML$4.34AT&TT$0.58Automatic Data ProcessingADP$1.94Axalta Coating SystemsAXTA$0.35BoeingBA$0.29Boot Barn HoldingsBOOT$1.75Crown CastleCCI$1.94CSXCSX$0.47Ethan AllenETD$0.89FlexFLEX$0.60Freeport-McMo RanFCX$0.43General DynamicsGD$3.54HessHESS$1.60International Business MachinesIBM$3.61Kimberly-ClarkKMB$1.51Lam ResearchLCRX$9.94Las Vegas SandsLVS-$0.10Lending ClubLC$0.22Levi StraussLEVI$0.30NextEra EnergyNEE$0.50NextEra Energy PartnersNEP$0.49Norfolk SouthernNSC$3.45Packaging CorpPKG$2.23ProgressivePGR$1.45Raymond JamesRJF$2.28Seagate TechnologySTX$0.11 ServiceNowNOW$2.02SL Green RealtySLG$1.48Steel DynamicsSTLD$3.67TeslaTSLA$1.13TextronTXT$1.07US BancorpUSB$1.14United RentalsURI$10.29West FraserWFG$0.02WolfspeedWOLF-$0.14Thursday, January 26Alaska AirALK$0.91 per shareAmerican AirlinesAAL$1.07Archer-Daniels-MidlandADM$1.65BlackstoneBX$0.97CNX ResourcesCNX$0.62ComcastCMCSA$0.77DowDOW$0.57 Eastman ChemicalEMN$1.25Federated HermesFHI$0.73IntelINTC$0.20JetBlue AirwaysJBLU$0.20KLA CorporationKLAC$7.03L3HarrisLHX$3.28Marsh McLennanMMC$1.40MastercardMA$2.58McCormickMKC$0.86NokiaNOK$0.13Northrop GrummanNOC$6.57NucorNUE$4.33OlinOLN$1.37OshkoshOSK$1.73Rockwell AutomationROK$1.87SAPSAP$1.37Sher win-WilliamsSHW$1.86Southwest AirlinesLUV$0.06STMicroelectronicsSTM$1.10T. Rowe PriceTROW$1.70Tractor SupplyTSCO$2.35US SteelX$0.63Valero EnergyVLO$6.96VisaV$2.01WeyerhaeuserWY$0.18XeroxXRX$0.51Friday, Jan. 27American ExpressAXP$2.24 per shareBooz Allen HamiltonBAH$1.04Charter CommunicationsCHTR$8.99ChevronCVX$2.56Charter CommunicationsCHTR$0.77Colgate-PalmoliveCL$0.77LyondellBasellLYB$1.26WisdomTreeWT$0.04TDR stock market preview earnings calendar, week of January 23 CNN’s Fear & Greed Index – TDR’s stock market preview Past Week What’s Hot… and What’s Not Source: TradingView – TDR’ stock market preview what’s hot this past week Top 12 High Short Interest Stocks TickerCompanyExchangeShortIntFloatS/OIndustryPXMDPaqMedica Inc. 00%770K11.78MBiotechnology & Medical ResearchCVNACarvana CoNYSE58.01%93.26M105.95MRetail (Specialty Non-Apparel)BBBYBed Bath & Beyond Inc.Nasdaq50.28%76.67M80.36MRetail (Specialty Non-Apparel)GROMGrom Social Enterprises4046NasdaqOnline60K704 ServicesBYNDBeyond Meat IncNasdaq39.80%57.42M63.74MFood ProcessingUPSTUPstart Hold ings IncNasdaq39.14%68.62M81.88MConsumer LendingEVGOEvgo IncNasdaq36.71%67.73M69.36MUtilities – ElectricMSTRMicroStrategy IncNasdaq36.47%9.34M9.35MSoftware & ProgrammingNVAXNovavax IncNasdaq35.89%84.73M85.00MBiotechnology & Medical ResearchWWayfair IncNYSE34.86%71.74M81.43MRetailers – Department StoresBLNKBlink Charging CoNasdaq32.33%40.37M50.86MUtilities – ElectricPMVPPMV Pharmaceuticals IncNasdaq30.57%31.04M45.67MBiotechnology & Medical ResearchSource: highshortinterest.com (data as of January 11, 2023) – TDR’s stock market2 preview, Top 1 Highs Short Interest Stocks Tags: stock market preview, stock market preview January 23, 2023

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