Week Ahead: Market Navigation Guide

Critical Week for Markets: Election, Fed Decision, and Earnings Trifecta

Author

Market Maverick
November 03, 2024

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Key Market Catalysts: November 4-8, 2024

1. Major Events

  • Tuesday, Nov 5: U.S. Presidential Election (Harris vs. Trump)

  • Wednesday, Nov 6: Fed Meeting Begins

  • Thursday, Nov 7: Fed Rate Decision

    • Expected: 25bps rate cut

    • Context: Following September's 50bps reduction

2. Daily Earnings Calendar

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Monday, November 4

  • Vertex Pharmaceuticals (VRTX)

  • Palantir Technologies (PLTR)

  • Marriott International (MAR)

  • AIG (AIG)

Tuesday, November 5

  • Ferrari (RACE)

  • Yum! Brands (YUM)

  • DuPont (DD)

  • Marathon Petroleum (MPC)

Wednesday, November 6

  • Novo Nordisk (NVO)

  • Toyota Motor (TM)

  • Qualcomm (QCOM)

  • Arm Holdings (ARM)

  • CVS Health (CVS)

Thursday, November 7

Friday, November 8

  • Paramount Global (PARA)

  • TELUS (TU)

  • Baxter International (BAX)

Market Context

  • Election polls showing tight race

  • Economic indicators suggest:

    • Labor market softening

    • Steady economic growth

    • Persistent inflation concerns

Trading Implications Watch for:

  • Election outcome impact

  • Fed policy signals

  • Earnings momentum