Superstock Investor
Member Login   RSS ->
James DiGeorgia, Mr. Macro
- Chief Editor -
Mr. Macro
Geoff Garbacz, Mr. Micro
- Chief Strategist -
Mr. Micro
Dan Hassey, Mr. Retirement
- Senior Stock Analyst -
Mr. Retirement
Superstock Investor

[Printable Version of This Page]

Morning Matters:

The Week Ahead For August 17th
by Geoff Garbacz

August 17, 2020

The NASDAQ 100, Russell 2000, Dow Jones Industrial Average and S&P 500 were higher for the week.

1.Geopolitical and Fiscal Events. The evasive stimulus bill will drive headlines again this week. The Democratic Convention takes place this week through Thursday.

2.Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as Empire State Manufacturing, NAHB Housing Index, housing starts, Philadelphia Fed Index, leading indicators and existing home sales.

3.Earnings Releases. Notable releases this upcoming week include JD ATHM WMT HD NVDA LOW BABA EL PDD DE.

Monday, August 17

August Empire State Manufacturing is due out at 8:30 a.m. EDT and is expected to fall to 15 from 17.2.

August NAHB Housing Market Index is due out at 10:00 a.m. EDT and is expected to rise to 74 from 72.

The Democratic National Conventions begins virtually and in Milwaukee. It will run through Thursday night when Democratic Presidential Nominee Joe Biden accepts the nomination.

Tuesday, August 18

July Housing Starts are due out at 8:30 a.m. EDT and is expected to rise to 1,230,000 from 1,186,000 in June.

Wednesday, August 19

None of note.

Thursday, August 20

August Philadelphia Fed Index is due out at 8:30 a.m. EDT and is expected to fall to 21 from 24.10.

July Leading Indicators are due out at 10:00 a.m. EDT and are expected to fall to 1.1% from 2%.

Friday, August 21

July Existing Home Sales are due out at 10:00 a.m. EDT and are expected to grow by 5.39 million from 4.72 million last month.

Morning Matters Archives


Morning Briefing

Get the information you need to make profitable decisions first thing in the morning. Access to the information is FREE, not knowing it could cost you a bundle!


Superstock Investor Newsletter

Published once a month. Get the big picture, what happened last month and predictions for the month ahead.

Investors Edge

Take advantage of the knowledge provided by people who live to monitor the Stock Market. People like:

  • Phil Erlanger
  • Tom McClellian
  • Mohan
  • Geoff Garbacz
  • Steve Weintz

Get access to information from publications like:

  • The Kiplinger Letter
  • The Agile Trader
  • McClellan Market Report
  • Gold and Energy Options Trader
  • Mohan's Market Force


Not a Subscriber?

[Superstock Investor Newsletter]

Superstock Investor's goal is to provide subscribers a steady stream of original stock ideas with an emphasis on takeover candidates. These are companies that have flown onto our radar screens as potential takeover targets, or special situations with some catalyst promising to send their shares soaring. Continue..