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Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out the Seeking Alpha earnings calendar for companies due to report.
Monday - January 1
- All day - The U.S. markets are closed for observance of the New Year's Day holiday.
Tuesday - January 2
- Volatility watch - Options trading volume is high again on Spirit Airlines (NYSE:SAVE) as traders wait on the result of the Department of Justice trial on blocking the merger with JetBlue Airways (NASDAQ:JBLU). Sirius XM Holdings (SIRI) and Big Lots (BIG) both have an elevated level of short positions on them. The most overbought stocks per their 14-day Relative Strength Index are Snap (SNAP), Impact Fusion International (OTCPK:IFUS), and MBIA (MBI). The most oversold stocks per their 14-day Relative Strength Index are ReAlpha Tech (AIRE), Ventyx Bio (VTYX), and Talon Metals (OTCPK:TLOFF). Gold stocks Newmont (NEM), Barrick Gold (GOLD), Franco-Nevada (FNV), Coeur Mining (CDE), New Gold (NGD), Gold Fields Limited (GFI), Sibanye Stillwater Limited (SBSW), and i-80 Gold Corp. (IAUX) are some of the sector names on watch for more volatility.
- 7:45 a.m. ICSC weekly retail sales.
- All day - Investors will monitor the monthly Macau gross gaming revenue report and Chinese automakers monthly deliveries Jan. 1 - Jan. 3.
- All day - Tesla (NASDAQ:TSLA) expected to report Q4 deliveries.
Wednesday - January 3
- Earnings watch - Notable companies due to report include UniFirst (UNF), Cal-Maine Foods (CALM) and Simulations Plus (SLP).
- 8:30 a.m. Fed's Tom Barkin discusses economic outlook.
- 10:00 a.m. ISM Manufacturing PMI for December.
- M&A vote - Chico's (CHS) holder will vote on sale to private equity firm Sycamore.
- 02:00 p.m. Dec. FOMC meeting minutes.
- 05:00 p.m. Thermo Fisher's (TMO) tender offer for Olink Holding (OLK) expires.
Thursday - January 4
- Earnings watch - Notable companies due to report include Conagra (CAG), Lamb Weston (LW), Lindsey Corp. (LNN), Kura Sushi (KRUS), Simply Good Foods (SMPL), and Walgreens Boots Alliance (NASDAQ:WBA).
- 7:30 a.m. Challenger job cuts.
- 8:30 a.m. Weekly jobless claims.
- 10:00 a.m. Kymera Therapeutics (KYMR) R&D Day.
- M&A vote - Standard BioTools (LAB) and SomaLogic (SLGC) holders are scheduled to vote on the merger, which has seen opposition from several SomaLogic holders.
- All day - U.S. auto sales to be reported by major manufacturers.
- All day - -Goldman Sachs Energy Conference includes participation from Plug Power (PLUG), Phillips 66 (PSX), EOG Resources (EOG) and SolarEdge Technologies (SEDG).
- All day - Goldman Sachs Healthcare C-Suite Unscripted Conference in New York includes participation from IDEXX Laboratories (IDXX).
- After close - Costco (COST) sales results.
Friday - January 5
- Earnings watch - Notable companies due to report include Constellation Brands (NYSE:STZ).
- 8:30 a.m. The U.S. jobs report for December will be released. Economists forecast 168K job additions for the month and expect the unemployment rate at 3.8%.
- 1:30 p.m. Richmond Federal Reserve Bank President Thomas Barkin to speak before the Maryland Bankers Association.
- 4:00 p.m. Zscaler (ZS) annual meeting.
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