While last week was busy in terms of the elections, economic data, and earnings, the actual movement in the U.S. equity indices was quite subdued. The S&P 500 index rose 0.7% on the week, and 5 day realized volatility fell to 6, its lowest level since early September.
This week’s calendar is much lighter. Retail sales data on Friday is the only major economic release in the U.S. Europe is similarly light, with CPI data on Thursday and GDP data on Friday in France and Germany the important reports. Industrial production data is released in Japan and China overnight between Wednesday and Thursday.
Finally, earnings season is gradually winding down as well. The reporting list is much shorter this week:
Monday, November 10th
- DDD earnings before the open
- RIG earnings before the open
- BID earnings before the open
- DF earnings before the open
- MCD October Sales and Revenue Release
- NPSP earnings after the close
- CZR earnings after the close
- RAX earnings after the close
Tuesday, November 11th
- DHI earnings before the open
- FOSL earnings after the close
Wednesday, November 12th
- M earnings before the open
- ROK earnings before the open
- ADT earnings before the open
- PLUG earnings before the open
- CSCO earnings after the close
- NTAP earnings after the close
- JCP earnings after the close
Thursday, November 13th
- WMT earnings before the open
- TYC earnings before the open
- HP earnings before the open
- KSS earnings before the open
- VIA/B earnings before the open
- CDK earnings before the open
- JWN earnings after the close
- AMAT earnings after the close
Friday, November 14th
- No events of note