CNBC Gym crammer Investors walked through next week on Wall Street, they were asked to pay attention to the next meeting of the Federal Reserve and the reports of the earnings. Fedex,, Micron And General millsHe also warned that regardless of earning, the possibility of market action will be shaped by President Donald Trump and Fed.
“No matter what we hear from these companies, the next week this market is hostage for the White House and Federal Reserve,” he said
Monday brings data about consumer landscape with retail sales report. Craermer predicted that consumers have refunded the expenses as they are concerned about losing their jobs as the Trump administration is afraid of the state of the economy.
Tuesday is the beginning of NvidiaThe annual GTC conference, where artificial intelligence from all over the world will be on innovation performance. Housing start will also be released on Tuesday, and Kramer said he would pay full attention to the results, as any economic recession will be reflected in housing data.
Feds will meet on Wednesday and will read investors on inflation, in which Craermer noted that the economic data released earlier this week was quite promising. General Mills will also report that day, and Karamer said that he was not expecting great results. He said that due to its artificially colored grains, Robert F Kennedy Junior and its more fatting products cannot do good because consumers continue to use GLP -1 weight loss drugs, they said.
Thursday is a huge earning day, including companies including parents of olive garden. DardonFedex, micron, Nike And Lanner Set to report. Kramer said that he feels that Dardon would post concrete results due to his value offerings. Fedex reports can give investors a chance to buy stocks at a discount, Kramer said that it is influenced by the management of the company. He must also wait to see if Nike indicates that it is back on the track and ready to grow. And during the report of the transaction, “will be on the lumber table,” And this can be discussed negatively, it continued.
On Friday, Carnival Will report, and Kramer said that Cruise Sector has recently been strong, even his stock prices do not reflect this. Craermer said that he does not think the carnival business has been weak, so the stock may climb.
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