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Top 4 stocks to watch this week
Big CPI Week + Earnings Season
Good Morning, never forget, MONDAY SETS THE TONE FOR THE REST OF YOUR WEEK!
Since its a Monday, you get a Weekly Catalyst Calendar down below. You can screenshot the image to your phone so that the market does not catch you by surprise! This is The One Pager, where we eliminate all the extra noise in the markets.
Here’s what we have for you today:
CPI Expectations
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Top tweets
CPI Expectations
March CPI (Consumer Price Index) steals the stage this week right before we go into earnings season. The pros expect CPI to rise by 0.3% from February’s mark which would bring our YoY Inflation rate down to 5.2%. Based on February’s report, used cars, trucks and medical care continued to decline faster than the rest of the sectors. This is quite obvious since they did spike very aggressively in 2022. The indices rising the most include shelter, recreation and airline fares.
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Catalyst Calendar
Monday: Inflation Rate (CHINA). PPI (CHINA). Fed Williams Speech. Consumer Inflation Expectations (USA). Earnings ($TLRY)
Tuesday: Redbook YoY. Fed Harker speech. PPI Data (Japan). Vehicle Sales Data (CHINA). New Yuan Loans ($DXY). Earnings ($KMX)
Wednesday: Mortgage data (USA). Core Inflation Rate. CPI Data. FOMC Minutes. BOC Monetary Policy Report (Canada). Inflation Rate (Russia & India). Balance of Trade (CHINA). Earnings ($RENT).
Thursday: GDP (UK). Industrial Production (Eurozone). Balance of Trade & Inflation Rate (KSA). PPI Data. Initial Jobless Claims. OPEC Monthly report. Earnings ($DAL).
Friday: Retail Sales Data. Import & Export Prices. Industrial Production. Fed Waller Speech. Michigan Consumer Sentiment Prel. Business Inventories. Baker Hughes Rig Count. Housing Price Index (CHINA). Earnings ($UNH $WFC $JPM $C)
Here are 2 Scenarios to Trade
Catalysts Today
U.S.NAVY 7TH Fleet conducts freedom of navigation operations in South China Sea amid China-Tawiwan tensions.
Tesla opened a Gigafactory in China ($TSLA).
Top 4 Stocks this week
Here are some interesting tweets
Our landlord at SF HQ says we’re legally required to keep sign as Twitter & cannot remove “w”, so we painted it background color. Problem solved! http
— Elon Musk (@elonmusk)
3:23 AM • Apr 10, 2023
If you think BRICS will break the US dollar, answer the following questions:
If you say to any father in the BRICS countries: Your four children have received University scholarships to study in the country of your and your children's choice, what countries will they choose?… twitter.com/i/web/status/1…
— Anas Alhajji (@anasalhajji)
4:13 PM • Apr 9, 2023
Cheers!