April's Finale
Earnings Preview for UPS, JBLU, MSFT, META, RBLX, AMZN, AAPL + SPY pivots
Good Morning Substack,
Welcome to the busiest week of earnings. Nearly 44% (222 companies) of the S&P 500 are set to report quarterly earnings during the week ahead.
This newsletter edition breaks down 7 of this week’s most anticipated earnings releases.
Economic Calendar
Tuesday, April 29
Advanced retail & wholesale inventories
S&P Case-Shiller home price index
Consumer Confidence
Wednesday, April 30
ADP Employment
GDP
Consumer spending
PCE index/ YoY
Core PCE / YoY
Thursday, May 1
Initial jobless claims
S&P final U.S. manufacturing PMI
ISM Manufacturing
Friday, May 2
U.S. nonfarm payrolls
U.S. unemployment rate
U.S. hourly wages
Hourly wages YoY
Earnings Calendar
Tuesday, April 29
SOFI
PYPL
UPS net Γ via Vexly UPS
Long >100
Targets 105, 110
No longs <100
JBLU monthly chart (left) and net Γ (right) JBLU
Long only if >4
SPOT
MO
V
SBUX
SNAP
BKNG
Wednesday, April 30
CAT
MSFT net Γ via Vexly MSFT pivot = 400
Long only if above
Target 410
