Your Trading Week Ahead — February 13th

Welcome to Your Trading Week Ahead for February 13th. Here’s what you need to know before you go…

Quick recap

Equity markets slipped late last week after Thursday’s CPI data revealed 40-year-high inflation. Throw in some Russia-Ukraine tensions and you can see why some investors were spooked.

The S&P 500 closed down 1.82% at 4,418. The Dow finished lower by 1% at 34,738. Tech stocks continued their recent volatility as the Nasdaq closed down 2.18% at 13,791.

Crypto update

Cryptocurrencies are mostly mixed on the week as prices continue to stabilize. Bitcoin ($BTC) is almost perfectly flat at $41,811. Meanwhile, Ethereum ($ETH) has fallen 5.84% to $2,840.

Digital assets like XRP ($XRP) +16% and Shiba Inu ($SHIB) +3.8% are higher on the week. While others such as Binance Coin ($BNB) -5.61%, Cardano ($ADA) -10%, Solana ($SOL) -19%, and Terra ($LUNA) -5.7% are trading lower.

Here’s a look at some recent performance from the most popular cryptocurrencies:

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What to watch this week

Earnings roundup

Earnings season continues with another packed week of popular stocks. We’ll hear quarterly data from Nvidia ($NVDA), Walmart ($WMT), Roku ($ROKU), Roblox ($RBLX), Shopify ($SHOP), Palantir ($PLTR), DraftKings Inc. ($DKNG), MarathonOil ($MRO), DoorDash ($DASH), and Deere & Company ($DE) — just to name a few.

Here’s a full break down of stocks reporting:

Economic calendar

There’s a ton of events on the calendar this week with the potential to move markets.

Keep a close eye on the Wednesday’s retail sales data and FOMC minutes. The latter will be interesting, considering the market’s negative reaction to December’s notes. Investors will likely react if additional rhetoric around increased rate hikes is revealed.

Here’s some of the most important things to watch:

• Producer price index (Jan.) – Tuesday at 8:30am ET
• Retail sales + Excluding autos (Jan.) – Wednesday at 8:30am ET
• Import price index (Jan.) – Wednesday at 8:30am ET
• Industrial production (Jan.) – Wednesday at 9:15am ET
• Capacity utilization (Jan.) – Wednesday at 9:15am ET
• Business inventories (Dec.) – Wednesday at 10am ET
• NAHB home builders’ index (Feb.) – Wednesday at 10am ET
• FOMC minutes – Wednesday at 2pm ET
• Initial and continuing jobless claims – Thursday at 8:30am ET
• Building permits and housing starts (Jan.) – Thursday at 8:30am ET
• Philadelphia Fed manufacturing index (Feb.) – Thursday at 8:30am ET
• St. Louis Fed President James Bullard speaks – Thursday at 11am ET
• Cleveland Fed President Loretta Mester speaks – Thursday at 5pm ET
• Existing home sales (Jan. SAAR) – Friday at 10am ET
• Leading economic indicators (Jan.) – Friday at 10am ET
• Fed Gov. Christopher Waller speaks – Friday at 10:15am ET

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