top of page
Search

Hobbs Catalyst Watch - Week of March 23rd

  • Writer: Mike
    Mike
  • Mar 22
  • 3 min read

Here’s a list summary of key market events and earnings reports scheduled for the week of March 23, 2025:


Monday, March 24:

  • 9:45 AM EST: S&P Global Manufacturing PMI (Preliminary) for March – A forward-looking indicator of manufacturing activity that could influence industrial stocks.

  • 10:30 AM EST: Chicago Fed National Activity Index for February – A broad measure of economic activity that might affect overall market sentiment.

  • Earnings Reports:

    • Before Market Open: None widely confirmed yet, but smaller firms may report.

    • After Market Close: KB Home (KBH) – Homebuilder earnings that could reflect housing market trends amid interest rate and demand shifts.


Tuesday, March 25:

  • 8:30 AM EST: Building Permits (Revised) for February – A housing market indicator that might impact construction and real estate stocks.

  • 10:00 AM EST: Consumer Confidence Index for March (Conference Board) – A key measure of consumer sentiment that could sway retail and discretionary sectors.

  • 10:00 AM EST: New Home Sales for February – Another housing data point with potential to move housing-related stocks.

  • Earnings Reports:

    • Before Market Open: McCormick & Company (MKC) – Consumer staples earnings that might signal inflation and spending patterns.

    • After Market Close: GameStop (GME), Chewy (CHWY) – Retail and pet e-commerce results that could drive volatility in meme and consumer stocks.


Wednesday, March 26:

  • 8:30 AM EST: Durable Goods Orders for February – Indicates business investment and manufacturing health, potentially affecting industrial and tech sectors.

  • Earnings Reports:

    • Before Market Open: None widely confirmed yet, but monitor for announcements.

    • After Market Close: Lululemon Athletica (LULU) – Apparel earnings that could reflect consumer discretionary spending trends.


Thursday, March 27:

  • 8:30 AM EST: Initial and Continuing Jobless Claims – Weekly labor market data that could influence perceptions of economic stability.

  • 8:30 AM EST: Gross Domestic Product (GDP) Final Estimate for Q4 2024 – A comprehensive economic growth update that might shift broader market expectations.

  • 10:00 AM EST: Pending Home Sales for February – A forward-looking housing indicator that could impact real estate sentiment.

  • Earnings Reports:

    • Before Market Open: CarMax (KMX) – Used car retail earnings that might signal consumer spending and auto market health (note: CarMax was listed for March 20 in prior weeks but could shift; confirm closer to date).

    • After Market Close: None widely confirmed yet, but smaller-cap firms may report.


Friday, March 28:

  • 8:30 AM EST: Personal Consumption Expenditures (PCE) Price Index for February – The Fed’s preferred inflation gauge, likely to drive significant market moves depending on inflation trends.

  • 10:00 AM EST: University of Michigan Consumer Sentiment (Final) for March – A final read on consumer confidence that could affect retail and growth stocks.

  • Earnings Reports:

    • Before Market Open: None widely confirmed yet.

    • After Market Close: Winnebago Industries (WGO) – RV and leisure earnings that might reflect discretionary spending and economic confidence.


Additional Notes:

  • Fed Speakers: Federal Reserve officials may speak throughout the week (times TBD), potentially providing commentary on the recent FOMC decision (March 19) and influencing rate expectations.

  • Market Context: The PCE Price Index on March 28 is a highlight, as it could reinforce or challenge the Fed’s inflation outlook post their March 19 meeting. Housing data (permits, new home sales, pending sales) and consumer confidence will also shape economic narratives. Earnings from KB Home, GameStop, Chewy, and Lululemon could drive sector-specific volatility.

  • Earnings Uncertainty: Late in Q1 earnings season, fewer major names report, but those listed (e.g., KBH, GME, CHWY, LULU) are notable. Dates can shift—verify with an updated earnings calendar closer to the week.

 
 
bottom of page