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Hobbs Catalyst Watch - Week of May 11th

  • Writer: Mike
    Mike
  • 6 days ago
  • 3 min read

Here’s a list summary of key market events and earnings reports scheduled for the week of May 11, 2025. this reflects projections based on historical patterns, typical economic calendars, and recent data from web sources, with some details (especially earnings) subject to final confirmation.


Monday, May 12:

  • 8:30 AM EST: NFIB Small Business Optimism Index for April – A gauge of small business sentiment that could impact broader economic views.

  • Earnings Reports:

    • Before Market Open: Plug Power (PLUG), Rigetti Computing (RGTI) – Clean energy and quantum computing earnings that could drive niche tech sector moves.

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


Tuesday, May 13:

  • 8:30 AM EST: Consumer Price Index (CPI) and Core CPI for April – A critical inflation report, expected to show core CPI at 3.5%–4% year-over-year, likely to drive significant market volatility based on Fed rate cut implications.

  • Earnings Reports:

    • Before Market Open: JD.com (JD), Nikola (NKLA) – Chinese e-commerce and EV earnings that could reflect tariff impacts and consumer demand.

    • After Market Close: None widely confirmed yet.


Wednesday, May 14:

  • 8:30 AM EST: Producer Price Index (PPI) and Core PPI for April – Wholesale inflation data that could influence bond yields and rate-sensitive stocks.

  • 2:00 PM EST: FOMC Meeting Minutes (from May 7 meeting) – Insights into the Fed’s stance on tariffs and inflation, potentially affecting rate cut expectations.

  • Earnings Reports:

    • Before Market Open: Cisco Systems (CSCO), Bionano Genomics (BNGO) – Networking and genomics earnings, with Cisco expected to report $0.92 EPS and $14.1B revenue (+11% YoY), driven by AI and Splunk contributions.

    • After Market Close: None widely confirmed yet.


Thursday, May 15:

  • 8:30 AM EST: Retail Sales for April – A key consumer spending indicator that could sway retail and discretionary stocks, especially amid tariff-driven price concerns.

  • 8:30 AM EST: Initial and Continuing Jobless Claims – Weekly labor market data that might refine economic health perceptions.

  • 8:30 AM EST: Empire State Manufacturing Index for May – A regional manufacturing gauge that could impact industrial sentiment.

  • 9:15 AM EST: Industrial Production and Capacity Utilization for April – Manufacturing output data that might affect industrial stocks.

  • 10:00 AM EST: Business Inventories for March – Could signal supply chain and demand trends.

  • Earnings Reports:

    • Before Market Open: Walmart (WMT) – Retail giant’s earnings, expected to show +10% total return YTD, critical for consumer spending and tariff impact insights.

    • After Market Close: None widely confirmed yet.


Friday, May 16:

  • 8:30 AM EST: Housing Starts and Building Permits for April – Housing data that could influence real estate and construction sectors.

  • 10:00 AM EST: Leading Economic Indicators for April – A broad economic gauge that might signal future growth trends.

  • Earnings Reports:

    • Before Market Open: None widely confirmed yet.

    • After Market Close: Typically light for earnings; monitor for smaller-cap reports.


Additional Notes:

  • CPI and Fed Focus: The April CPI on May 13 is the week’s centerpiece, with markets sensitive to inflation readings (core CPI projected at 3.5%–4%) after the Fed’s May 7 decision to hold rates at 4.25%–4.50%. The FOMC Minutes on May 14 could clarify tariff and inflation views, with June rate cut odds at 17% (down from 37%).

  • Earnings Context: Q1 earnings season is winding down, but Walmart (WMT) and Cisco (CSCO) are key, reflecting consumer and tech/AI trends. JD.com (JD) and Nikola (NKLA) could highlight tariff and EV sector challenges. S&P 500 earnings growth is estimated at 12.8% YoY, but negative guidance trends raise valuation concerns (P/E at 21 vs. 10-year average of 18).

  • Tariff Dynamics: Recent U.S.-China trade talk optimism and tariff reductions (e.g., auto tariffs effective May 3) may support markets, but earnings guidance from Walmart and Cisco will be scrutinized for tariff cost impacts.

  • Market Sentiment: X posts suggest traders are focused on CPI and Walmart, with markets consolidating after an eight-day S&P 500 win streak. Technical resistance at the 200-day SMA (S&P 500 ~5,500) could trigger volatility if trade talks falter.


 
 
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