SPDR® S&P 500® ETF Trust (SPY)Clark Schultz,
bunhill
Welcome to Seeking Alpha’s Catalyst Watch – a breakdown of some of next week’s actionable events that stand out. Check out Seeking Alpha’s earnings calendar for a full list of companies due to report.
Monday – September 9
- Volatility watch – Options trading volume is elevated on GameStop (GME) ahead of the retailer’s earnings report. The most overbought stocks per their 14-day relative strength index include Philip Morris (PM), G1 Therapeutics (GTHX), and Procter & Gamble (PG). The most oversold stocks per their 14-day Relative Strength Index include Dollar Tree (DLTR) and Dollar General (DG) after their recent crushing guidance updates. Short interest has moved higher on Arbor Realty (ABR) and VinFast Auto (VFS).
- All day – A preliminary injunction hearing will be held in the Federal Trade Commission’s lawsuit to block Tapestry (TPR) from acquiring rival Capri Holdings (CPRI).
- All day – Notable companies due to report include Oracle (ORCL) and Rubrik (RBRK). Options trading implies a double-digit share price swing for Calavo Growers (CVGW) after the release of its earnings report.
- All day – Apple (AAPL) will hold an event titled “It’s Glowtime” that is expected to feature details on the iPhone 16 and the suite of AI features included in Apple Intelligence. The public rollout of iOS 18 is also anticipated.
- All day – The first day of the four-day Goldman Sachs Communacopia & Technology Conference includes presentations from DoorDash (DASH), Uber Technologies (UBER), and Opendoor Technologies (OPEN).
- All day – The trial phase of the Department of Justice antitrust case against Google (GOOG) (GOOGL) will begin.
- All day – The 5-for-1 stock split for Tetra Tech (TTEK) will become effective.
- All day – Southwest Airlines (LUV) is scheduled to meet with representatives of Elliott Management. There is the potential that some details regarding the airline’s planned announcements for the Investor Day event on September 26 may be leaked.
Tuesday – September 10
- Earnings watch – Notable companies due to report GameStop (GME), Academy Sports and Outdoors (ASO), and Dave & Buster’s Entertainment (PLAY). Options trading implies a double-digit share price swing for Petco Health and Wellness (WOOF) after the release of its earnings report.
- All day – Microsoft (MSFT) will hold a cybersecurity conference at its Redmond, Washington campus. The Windows Endpoint Security Ecosystem Summit will bring together leading security firms to address vulnerabilities that surfaced after a problematic software update from CrowdStrike (CRWD) caused widespread system failures in July.
- All day – Labcorp (LH), Charles River Laboratories (CRL), and Gilead Sciences (GILD) are among the healthcare companies that will take part in the Baird Global Healthcare Conference.
- All day – Enterprise Products Partners (EPD) will participate in the NYSE Energy & Utilities Investor Access Day.
- All day – Campbell Soup (CPB) will hold an Investor Day event at the Nasdaq MarketSite in New York City.
- All day – Cimpress (CMPR) will host its annual Investor Day event.
- All day – The U.S. Treasury Department will make its buyback announcement.
- All day – The second day of the Goldman Sachs Communacopia & Technology Conference includes presentations from AT&T (T) CEO John Stankey, Etsy (ETSY) CEO Josh Silverman, Hasbro (HAS) CEO Chris Cocks, Instacart (CART) CEO Fidji Simo, Robinhood Markets (HOOD) CEO Vlad Tenev, and Microsoft (MSFT) CTO Kevin Scott, and Lyft (LYFT) CEO David Risher.
- All day – OPEC will release its monthly oil report and EIA will publish its short-term energy outlook.
- All day – Rocket Companies (RKT) will host its first Investor Day event. Bank of America thinks the company will take the opportunity to highlight its AI capabilities, in addition to discussing how the company is positioned to drive higher profitability as mortgage volume increase.
- All day – Oracle (ORCL) CEO Safra Catz will give a keynote speech at the company’s Oracle Cloudworld event on “Customers Winning with the Cloud and AI.” MGM Resorts International (MGM) CEO Bill Hornbuckle is one of the notable guest speakers at the event.
- 9:00 p.m. The Presidential debate between Kamala Harris and Donald Trump could cover some policy questions that impact certain sectors and stocks.
Wednesday – September 11
- Earnings watch – Notable companies due to report include Manchester United (MANU), Oxford Industries (OXM), and Designer Brands (DBI).
- All day – The third day of the Goldman Sachs Communacopia & Technology Conference includes presentations from Nvidia (NVDA) CEO Jensen Huang, Salesforce (CRM) CEO Marc Benioff, and Applied Materials (AMAT) CEO Gary Dickerson.
- 8:30 a.m. The August CPI report will be released. Economists expect the core inflation rate to be up 0.2% month-over-month and 3.2% year-over-year.
Thursday – September 12
- Earnings watch – Notable companies due to report include Adobe (ADBE), Kroger (KR), RH (RH), and Signet Jewelers (SIG).
- All day – The 4-for-1 stock split for Cintas (CTAS) will become effective.
- All day – Notable investor events include Moderna’s (MRNA) R&D Day, Belden’s (BDC) Investor Day, and Evolus’ (EOLS) Investor Day.
- All day – The fourth day of the Goldman Sachs Communacopia & Technology Conference includes presentations from Warner Bros. Discovery (WBD) CEO David Zaslav and ChargePoint (CHPT) CEO Rick Wilmer.
- All day – The OptimumBank (OPHC) Virtual Banking Conference will feature former FDIC Chairperson Sheila Bair, Nasdaq Chief Economist Phil Mackintosh, and S&P Global Market Intelligence’s Nathan Stovall as speakers.
- All day – The FTC refile period on the Silk Road Medical (SILK)-Boston Scientific (BSX) deal will expire.
- 7:15 a.m. The European Central Bank will issue its monetary policy statement. The ECB is expected to fire off a 25-point rate cut to 3.50%.
- 8:30 a.m. The August PPI report will be released. Economists expect core PPI to be up 0.2% month-over-month.
- 10:00 a.m. Kroger (KR) will hold its earnings conference call. Options trading implies a 6% swing for the grocery store stock after the report is released. Three suppliers that generate more than 10% of their revenue from Kroger (KR) are Calavo Growers (CVGW), Coca-Cola Consolidated (COKE), and Vital Farms (VITL).
Friday – September 13
- All day – Notable events include keynote addresses at Roblox’s (RBLX) Developers Conference.
- All day – The beginning of the five-day European Society for Medical Oncology Meeting will attract attention in the healthcare sector. Merck (MRK), AstraZeneca (AZN), Regeneron Pharmaceuticals (REGN), Johnson & Johnson (JNJ), Incyte (INCY), and 23andMe (ME) are some of the notable companies due to present data or abstracts.
- All day – Kuaishou Technology (OTCPK:KUASF) will hold an Investor Day event during which it is expected to update on its AI initiatives.
Seeking Alpha Editor Josh Fineman contributed to this story.
