What You missed LAST Week:
A THIRD WEEK UNCHANGED ON ITS WAY, as the Earnings Deluge Becomes a Tsunami
May 02—07, 2021 Thursday, more companies will report earnings than reported the entire first week of the Q1 Earnings Season. But unlike last week, there just aren’t the power in this week’s reports to take the entire market down, or lift it up. Powell is speaking Monday but on Community Development, hardly the kind of topic that moves markets strongly. And anyway, it’s far too soon to expect him to shift positions. In fact, many are coalescing on the August Jackson Hole Economic Summit for a change, if any is coming, to be detailed.
One item in favor of stocks is an extremely light calendar of Treasury Issuance. For all intents and purposes, Treasuries are over and done and Monday, given what’s left is 42-day, 4-week & 8-week issues, and nothing else. And of course, positioning will be difficult before Friday’s April Unemployment Report, when at least 1m job additions are expected—more hoped for. The Bank of England Financial Policy Committee meets Thursday with no change expected, despite intermittent spoken interest in negative rates, by some FPC members. The RBA (Aussie) also meets this week but with no power to influence US rates or equities.
The 29th Hyman P Mnsky Conference, on the 5th is from the Levy Economics Institute of Bard College. It’s subtitled ‘Prospects & Challenges for the US and Europe in an Emerging post-Pandemic Recovery.’ Among the speakers, Dallas Fed Pres. Kaplan, Chicago Fed Pres. Evans, Leuthold Group’s James Paulsen, Goldman Sach’s Jan Hatzius, and many other distinguished economists, including some former gov’t ones, like Harvard’s James Furman, and the Economic Cycles Research Institute’s Laksman Achuthan—the group that declares recessions & their conclusions. It usually makes news.
Which takes us to Earnings, a boatload of reports that crescendo on Thursday. But a quick glance at those emboldened, compared to the sheer volume of reports, pretty much says it all about our expectations for markets to move on the news., Energy-related & Hotel companies are prevalent among the reportors, along with major Pharma companies like Merck, Pfizer, Regeneron, & Moderna.. There are also a few cable companies, and T-Mobile along with the 3 largest auto insurers, ex-Geico & State Farm, which aren’t independently traded, though you can play Geico via Berkshire Hathaway. There are a slug of miners we simply couldn’t confirm. In fact, of all the sectors we include in the Earnings Calendars, none is more deficient in providing a heads-up than the miners. Very disappointing, given the number of gold believers there are as an age old hedge against inflation the gold bugs are sure is coming.—about to get out of control.
The Events Calendar sees the return of I-banks in greater numbers. Tuesday, OpCo hosts Industrials Growth, Wednesday, Wells Fargo Industrials. D.A. Davidson hosts Financial Institutions on Wednesday, Credit Suisse Xtreme Services on Thursday, a tech segment that is attracting greater interest all the time—even before Salesforce.com was added to the Dow jones Industrial Average. Friday, the FTSE Russell Indices Rank Date for June’s Rebalance will be issued after hours. There’ll be 5 more notices from FTSE Russell, before the rebalance actually happens but positioning will begin soon enough—and long before the rebalances are finalized.
VAX Live is a Charity event, Saturday night, organized by Global Citizen, Jennifer Lopez & Selena Gomez. It will also feature Foo Fighters, Eddie Vedder, H.E.R., and others who’ve signed on since it was first announced. Meanwhile, Billy Crystal is breaking the chain of movies premiered online as well as in theaters. He wrote, directed and also stars with Tiffany Haddish in "Here Today," which he insisted had to open exclusively in theaters, and not be streamed simultaneously. It’s another story of dementia overtaking a man’s mind—Crystal’s, in the film—the subject that won Anthony Hopkins an OSCAR last week, which the world thought would go to Chadwick Boseman.
Last week, our Outlook was for a 2nd flat week, and that’s what we got, with the S&P 500 flat, the DJIA off 0.5%. and the Nasdaq Composite off 0.4%. We’re calling for another week of consolidation, though the absence of serious Treasury issuance could weigh in the equity bulls favor. Beyond that is still anyone’s guess, and something we don’t have to venture except week by week.
ECONOMIC: (Highlights, only, below. Full International Economic Calendar here)
SUNDAY, 05/02
OVERNIGHT into US Mon. a.m. et:
EU, France, Germany, Italy April Markit Manufacturing (Mnftg) PMI
Hong Kong Q1 (adv) GDP
Prudential Regulatory Authority Dpty Gov Woods on "From COVID-19 to a new mutual economy’ @Building Societies Ass’n Annual V-Conference (9:45am bst)
MONDAY, 05/03
US Markit April Manufacturing PMI
US ISM Apr Manufacturing PMI/Employment/Prices/New Orders
US March Construction Spending
Mexico April Markit Manufacturing PMI
US Treasury Auctions $57B 3-, & $54B 6-month Bills
FOMC Chair Powell on Community Development @Nat’l Community Reinvestment Coalition 2021 "Just Economy’ V-Conference (2pm et)
NY Fed CEO Williams keynotes Annual WHF (Women in Housing Finance) V-Symposium (2:10p,m edt)
Dallas Fed’s Pres. Kaplan discusses nat’l & global economic issues with Ft Worth Mayor Betsy Price (5pm, rescheduled from May 20th )
Separate Holidays in Greece, Japan & UK
OVERNIGHT into US Tues. a.m. et:
Wards US April Vehicle Sales
RBA (AUD) Interest Rate Decision (05/04 local time)
UK/CIPS Markit April Mnftg PMI
BoE March Consumer Credit, Net Lending to Individuals, Mortgage Approvals
Russia Monetary Policy Report
TUESDAY, 05/04
US March Trade Balance
Canada March Trade Balance
Redbook weekly US store sales snapshot
ISM April New York Index
US March Factory Orders
US Treasury Auctions $43B reopened, now, 42-day Bills
API weekly Crude Report
OVERNIGHT into US Wed. a.m. et:
Hong Kong, Thailand, Singapore separate Markit Apr Mnftg PMI’s
RBA Chart Pack, , Mar Building Permits
Thai Interest Rate Decision
EU. France, Germany, Italy separate Markit Apr Services/Composite PMIs
UK April New Car Sales
WEDNESDAY, 05/05
MBA weekly MBA Mortgage Purchase/Refinance Applications
ADP US April Private Employment Additions/Revisions to March
US April Markit Services/Composite PMI
29th Hyman P. Minsky V-Conference: State of the US & World Economies (thru 6th)
ECB MPC Lane panelist @OMFIF V-Workshop "Taking stock: ECB strategy review & monetary policy challenges’ (16:00 cet)
US April ISM non-Manufacturing PMI/New Orders/Employment Prices
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30am et)
Boston Fed’s Rosengren on @What Comes Next for the Economy & Monetary Policy? @Boston College Carrol School online webinar (11am et)
BCB (Brazil) Interest Rate Decision
Richmond Fed ‘Connecting People to Jobs’ (2pm et)
St. Louis Fed Dialogue ‘Central Bank Independence & Accountability’ (1pm ct)
Chicago Fed’s Evans speaks @Brighter Prospects for Chicago’s Youth: Strengthening Summer Jobs & Beyond (2pm ct)
Bk of Canada Gov Macklem speaks
OVERNIGHT into US Thurs. a.m. et:
BoJ Monetary Policy Meeting Minutes
UK Local Elections
Germany March Factory Orders
Riksbank (Sweden) Minutes of 04/27 Monetary Policy Meeting
Norges Bank (Norway) Interest Rate Decision
ECB MPC af Jochnick panelist @BIS High-Level V-Mtg on Bank Supervision (11 cet)
Eurozone March Retail Sales
ECB MPC de Guindos online Q&A @EY Insights from Economics (12:30 cet)
Bk of England Interest Rate Decision/QE/Vote Count/Minutes, Monetary Policy Report
THURSDAY, 05/06
BoE Gov Bailey Press Conference
US Challenger April Job Cuts
US weekly Initial Jobless Claims/Continuing Claims
BoE Monthly Decision Market Panel Data (2pm bst)
NY Fed CEO Williams opens+closes NY Fed Web Series on Culture-Purpose & the Employee as Stakeholder (9am et)
US Q1 Productivity & Labor Costs
St. Louis Fed Small Biz V-Forum: Building Capacity for Small Business (11:30am ct)
ECB MPC Schnabel panelist @DIW’s Women in Finance V-Summit: Future of Fin Services-Digitisation, Sustainability & Post-Pandemic Growth Models (15:15 cet)
EIA weekly Natural Gas Injections/Draws/Stockpiles
US Treasury Auctions 4-, & 8-week Bills (values announced mid-week)
Dallas Fed V-State of Women in Economics (1pm ct)
OVERNIGHT into US Fri. a.m. et:
Japan Jibun Bank Apr Services/Composite PMIs
China April Caixin Services/Composite PMI, Trade Balance
German Mar Industrial Production, Trade Balance, Current Account
France Q1 Payrolls, Mar Trade Balance, Industrial Production, Current Account
China April Fx Reserves
ECB Pres Lagarde in conversation with George Papaconstantinou on global economy @State of the Union 2021 via European University Institute Florence (12:00)
Mexico April Auto Exports, CPI, Consumer Confidence
BoE FPC Broadbent & Economist Haldane Monetary Policy Report Nat’l Agency Briefing (12:15 bst)
FRIDAY, 05/07
US April Unemployment Rate/Change/Participation/Wages/Part- & Full-time/Mnftg+Gov’t Payrolls
Canada Apr Unemployment Rate/Change/Participation/Wages/Part- & Full-time
US March Wholesale Inventories
Minneapolis Fed Regional Economic Conditions V-Health of MN Child care sector (9am ct)
Baker-Hughes weekly US/No. Am Total/Oil Rig Count (1pm et)
Fed March Consumer Credit (3pm et)
WEEKS AHEAD:
05/19 FOMC Minutes of 27—28 Meeting
05/26 RBNZ Meets
More on the Economic Calendar, link above
EARNINGS: (We cover only the money center banks, biggest regionals, and largest overseas banks traded on US exchanges. If your interest in banks is outside that perimeter, we’re not for you. We ignore "The" in a corporate name, unless it’s integral to the ticker—which rarely occurs. I.e. Wednesday, The ODP Corp is ODP to us, just as its ticker implies. We embolden names we believe will attract the most analysts and/or media attention, and some whose charts are so impressive, we think the Street is missing it. On the flip side, those we couldn’t confirm-and there were simply too many this week-but saw on 2 reliable lists, are included with 3 question marks after the lower case ticker, if the timing seems right.)
MONDAY, 05/03: ADUS, AMG, ADC, ALX, AWR, AWK, ARGO, ATCO, AGR, CAR, RILY, BELFA, BSM, BCEI, BRX, BWXT, CBT, CPTA, CSR, CRNT, CHGG, CC, CINR, CNA, CR, CURO, CVI, UXAN. DZSI, FANG, PLOW, DSPG, ELVT, EARN, ENBL, ena???, EPD, EPRT, EL, EVER, expd???, FN, FLS, FRPT, GAIA, GLYC, ghc???, GPRE, HNRG, HLIT, JKHY, HBP, IAG, NSP, IVAC, IPI, IRBT, ITRI, KPTI, KMT, KFRC, FSTR, LTRN, LEG, LGND, LDI, L, MAXR, MFIN, msex???, MOS, MWA, MYGN, NWPX, NTR, OHI, ON, OGS, OTTR, PETS, QGEN, RMBS, O, RBC, REGI, RGCO, SANM, SPNE, SCI, SIBN, SEDG, SOI, STRL, SU, SHO, RIG, TA, TRVG, UE, VRNS, VNOM, VNO, WEC, WMB, WWD, XPO, YORW, ZI
TUESDAY, 05/04: ATVI, AGRX, AKAM, ALRM, ALGT, AYX, AMCR, AMRC, AFG, AME, ANDE, APO, AQST, ARC, ARCB, ARNC, ACRE, ANET, AHH, ARWR, AHT, AMK, AIZ, ATRA, ATC, ACLS, AZYO, BLDP, BHC, BBGI, BNFT, BRY, BERY, BGFV, BKH, BKEP, BXC, EPAY, BR, BNL, BEP, BG, CWH, CDLX, CTLT, CDEV, CERS, CRL, CLDT, LNG, CPK, CHCT, cvlt???, CMP, CRK, CNCE, COP, ceix???, CRSR, CTVA, COUR, CYRX, cub???, CMI, CVS, CTSO, dar???, DCPH, DKL, DK, DENN, DVN, DHT, DLB, D, DEI, DCO, DD, DRRX, DEA, ETN, ENLC, ETRN, EQC, ESE, ESPR, EXAS, XELA, stay???, EXTN, FSS, FNHC, RACE, FI, BEN, FSP, FTSI, IT, GCP, ggb???, GILT, GLAD, GLT, GPN, GMED, GLDD, GRBK, GSKY, HASI, HSC, PEAK, HSIC, HLF, HCCI, HI, HEP, HMN, HST, HURN, H, HY, IAA, ICFI, ICHR, IDXX, INCY, ICD, ifnny???, INFN, INGR, IOSP, INGN, INSP, IDN, INS, XENT, INTZ, NVTA, io???, IPGP, JAZZ, JBGS, JNCE, KAMN, KAR, KBAL, KKR, KOPN, kro???, LAMR, LANC, LARK, LMRK, LNTH, LSCC, LCII, LDOS, LGIH, LSI, LTHM, LPSN, LPX, LYFT, MIC, MGY, MBUU, MANT, MPC, MLM, DOOR, MTCH, MEC, MCFE, MED, MCY, MRCY, MTOR, MPWR, MRCC, MPLX, NNN, NSA, nna???, NCSM, NLTX, STIM, NR, NXST, NEX, NMIH, NS, OSPN, osur???, OUT, PCRX, PKOH, PAYC, PVAC, PEN, PERI, PKI, PFE, PXD, PXLW, paa???, PAGP, POWL, pgen???, PINC, PGR, PUMP, PRO, PRU, PTCT, LUNG, QUAD, RCM, RDN, RTLR, RYAM, RRR, RM, RGEN, RPAI, RVI, rytm???, RNG, RCKY, RHP, SABR, saft???, SAGE, SGMO, SPNS, stng???, SEE, WTTR, MCRB, SILK, SITM, TSLX, SND, SPT, STAG, snex???, sbbp???, INN, stkl???, SMCI, SYKE, SYY, SYX, TMUS, CGBD, TISI, TNC, TTI, TBPH, tri???, TRTX, TMDX, TREC, TTEC, RARE, UAA, UTL, UPWK, USAC, VREX, vbiv???, VECO, VRSK, VERI, VVI, VIAV, SPCE, VIRT, VSH, VMC, WTI, WMG, WTS, WU, WLK, WLKP, WEYS, WSR, WOW, WK, wynn???, xlnx???, XP, XYL, ZBRA, Z, ZBH
WEDNESDAY, 05/05: TXG, jobs???, ACAD, ACR, ADPT, ADT, ADTN, AEIS, agle??? ALG, ALB, ALCO, algm???, AMOT, ALLO, ALL, ALTM, ATAX, AEL, ABC, AMPE, AMPY, ASYS, ANSS, APA, AMEH, ABUS, ASC, ARNA, ARLO, AINC, ASTE, ATTO, AAWW, ATO, aveo???, AVNW, AVD, AVA, avro???, AXGN, BCSF, BAND, BBSI, gold???, BDC, blcm???, TCPC, BE, BCOR, BKNG, BWA, BHR, bak???, BFAM, BRKR, WHD, cdzi???, CZR, CSTE, clbs???, CPE, CDNA, ctre???, CDW, FUN, celc???, clrb???, CENT, CENX, CDAY, CERN, CF, CIM, XEC, CLH, CLW, CLVS, CCMP, cnhi???, CTSH, CLNC, CVGI, CNDT, CFMS, CPA, CXW, CRD/B. cxdo???, CRTO, CCRN, CSGS, CMLS, CW, CUTR, CYBR, DCP, dnli???, DHX, DMAC, drna???, DGII, DIN, DHC, DFIN, DNB, sats???, EDIT, EFC, EMKR, EMR, ECPG, evc???, NVST, EPR, EQT, EQX, EQH, WTRG, ESTA, ETSY, EVRI, EVH, AQUA, EXC, xone???, EYPT, FICO, FLMN, fpi???, FSLY, FRT, FVE, FLT, flex???, FMC, fwonk???, FORR, fts???, FOXA, fnv???, FDP, GM, GEL, gmab???, gfl???, ROCK, GIL, GKOS, GBT, GMRE, gsat???, GDDY, aumn???, gss??? EAF, LOPE, gpl???, GDOT, GLRE, HNGR, HAYW, HR, HRTG, HLT, HFC, HZNP, HUBG, HUBS, HPP, HDSN, IAC, IEC, igms???, INMD, NOTV, INSG, IMXI, itci???, IVC, IVR, IONS, JRVR, JLL, KW, KE, KTOS, KLIC, LCI, LPI, LESL, LHCG, lbdrk???, LBTYA, LILA, LNC, LL, LUMN, mdgl???, MTW, MRO, MCS, VAC, MDCA, MDU, MDWD, MELI, MET, MTG, MGPI, MCHP, mrtx???, mor???, MYO, NC, ngs???, NHTC, NP, NEO, NBIX, NVRO, ngd???, NMFC, NRZ, SNR, NYT, nxe???, nxtc???, NI, NWN, nby???, nvo???, DNOW, NUS, NUVA, OMP, OAS, OCUL, ODP. ORA, KIDS, OM, OMI, ORCC, PTVE, PLMR, PARR, PSN, PYPL, pays???, PDCE, PFLT, PNNT, PEI, PFGC, PSNL, PETQ, pfsw??? DOC, PING, PNW, PLYA, plug???, PWFL, PRI, PRM, pdex???, PRA, PFIE, prqr???, ptgx??? PEG, QTWO, QRVO, QLYS, QTRX, QNST, QUOT, RDWR, RNGR, RYN, RDFN, RGNX, RCII, RSG, rvnc???, REYN, RIGL, RMNI, RLJ, RKT, ROOT, RGLD, RPT, RYI, SBRA, SRPT, SWM, SMG, SCU, SRE, SIMO, SBOW, SBGI, SITE, SLRC, SUNS, SMSI, SJI, swx???, SPKE, sppi???, SPR, SRC, FLOW, STAA, SLNG, sxi???, stn???, SSYS, RGR, slf???, SPWR, RUN, sunw???, SUP, SUPN, SGRY, sndx???, SYN, tlnd???, TALO, TNDM, SKT, tgb???, TTGT, tu???, TVTY, TCON, TT, trvn???, TRMB, TPVG, TUP, TPTX, HEAR, TPC, TWLO, TWO, UBER, UGI, UFCS, UIHC, UTHR, ubx???, UNM, UPLD, urgn???, USDP, VNDA, VAPO, vstm???, VCEL, VRTV, vrdn???, VST, vnrx???, vtvt???, HCC, wpg???, WAT, WMC, WRK, WLL, WW, XNCR, XPER, YELL, ZIXI, zyme???, ZNGA
THURSDAY, 05/06: XXII, AAON, XLRN, ACIW, ACMR, GOLF, AHCO, ADAP, ADCT, ADNT, AES, MITT, AGEN, AL, AIRG, AKTS, ALBO, AUDX, aqn???, Y, ALE, LNT, ATEC, ALTR, AMBC, abev???, AMC, AMH, AIG, ATSG, AVD, COLD, AMN, AMRS, ANGI, bud???, ANIK, ATRS, APPN, APLE, AAOI, APTV, mt???, ARW, ASRT, AGO, ATRO, ATNX, ATHX, AT, AY, ATCX, auph???, AUTL, AUTO, AVLR, AVYA, AXLA, AXON, AXNX, AZUL, BLL, BTN, BBDC, BECN, BDX, BRBR, BYND, BGSF, BILL, TECH, BCRX, BDSI, BKI, BL, APRN, BCC, bdrbf???, BPMP, MNRL, BV, BKD, BIP, BRT, BLDR, CABO, CLBS, CLXT, CMBM, cnq???, CTLP, CAH, CSII, CTRE, CARG, CARS, CVNA CTT, CDK, CECE, CDR, CNP, ECOM, CTHR, CEMI, cqp, CHMA, CMRX, CDXC, CHUY, CLNE, CWEN/A, NET, CDXS, CGNX, CHRS, COLL, CLNY, COMM, SCOR, ED, CPS, CORT, CORE, CPLG, CSOD, CVET, CRAI, BAP, cron???, CWK, CYTK, CTMX, DDOG, DLA, DLX, DEN, dnn???, XRAY, DRH, DRNA, DOCN, DIOD, UFS, DBX, DVAX, EGLE, ESTE, SATS, EPC, EIGR, LOCO, ECOR, ENTA, ENDP, ERII, ET, ENV, EOG, EPAM, EPZM, eurn, EB, EVRG, MRAM, EVOP, EVPM, EXEL, EXPI, EXPE, FARM, AGM, FNF, FIS, FDUS, FORD, ag???, FVRR, FLIR, FND, FLDM, FOCS, FOXF, FRG, FMS, FTDR, FULC, FLGT, FNKO, glpg??, GLOG, GLOP, GNE, GEOS, GOVX, GNL, GWRS, GOGO, GDEN, GSBD, GTIM, GDP, GPRO, GPX, GRA, GPMT, GTN, AJX, GDYN, GRPN, gsit???, gsx???, gtyh???, GH, HAIN, HBIO, HCI, HCAT, HTA, HL, HSKA, HIMX, HMPT, HZN, HMHC, HWM, hson???, HIII, icl???, ICUI, INVE, IHRT, IIVI, IMMR, NSIT, INSM, PODD, NTLA, ICPT, IDCC, INSW, IOVA, IRTC, IRM, IRWD, FROG, K, KRP, KL, KTB, KRYS, KURA, ljpc???, LAUR, LEE, LXRX, LCUT, LIN, LQDT, LYV, loop???, CLI, MGA, MAIN, MNTX, MRIN, MTZ, MMS, mck??, MTD, MIDD, nerv???, MIFM, MSON, MRNA, MNST, MSI, MUR, MYE, NBRV, nssc???, NTRA, NFG, NGVC, NRP, NATR, NTUS, NKTR, nvcn???, NEPH, UEPS, ntct???, NJR, NYMT, NWRK, NWSA, NLSN, NINE, LASR, NNBR, nblx???, NOMD, nvmi, NCLH, NVMI, NBY, NRG, OCSL, ocgn???, ofs???, OGE, oncy???, OTRK, otex???, OPRT, OPCH, OEC, PAE, PZZA, PK, PCTY, CNXN, PCH, PDFS, PTON, pba???, PENN, PFSI, PRCO, PAHC, PRDO, PAHC, PHX, PLNT, AGS, POST, PBPB, PPL, PRAA, pbh???, prmw???, PGNY, PRLB, PRVB, PBYI, KWR, PWR, QDEL, RPD, RMAX, RETA, REG, REGN, RGS, RGA, REZI, RVLV, ROKU, SFE, SGA, SALM, SBH, SEAS, SIC, SEM, SHAK, FOUR, SHYF, SMTS, SIGA, SWX, SPRO, SRLP, SFM, SPXC, SQ, ssrm???, STMP, SXI, STWD, STFC, SCM, STOR, SPH, SNCY, SUN, sdpi???, SVMK, SYNA, sybx???, SYRS, TTOO, TRHC, TPR, TRGP, TDS, TEN, TDC, TMX, TPL, TXMD, TMST, TWI, BLD, TPIC, TACT, TVTX, THS, TCDA, TSE, TRIP, GTS, TRUE, TCX, TMST, ui???, UMH, UIS, USM, UNIT, OLED, UEIC, UTI, urg??? USCR, USPH, VGR, VEL, VNTR, VER, VIAC, VCTR, VTAY, VIR, vsto???, VG, VNT, VYNE, W, WSTG, WBT, WCC, wfg???, wprt???, wpm???, WFCF, wtm???, WLDN, wrld???, XHR, xoma???, YELP, ZTS, ZGNX
FRIDAY, 05/07: AMCX, AXL, AMRX, AP, ANIP, ABR, ATH, AUD, AVNS, BWEN, BPY, CLMT, CCJ, CVE, CNTY, CI, CNK, CIO, ROAD, ctos???, DSKE, DKNG, DS, ELAN, enb???, ERF, NPO, ESNT, FLR, FWONA, FET, FF, GCI, GATO, GLP, GVA, HE, IEP, IBP, TILE, INTT, ITT, JOUT, KOP, LEA, LXP, LBRDK, mnkd???, MMI, MD, VIVO, MODV, MGI, NFE, NKLA, NOG, ZEUS, par???, PLYM, QRTEA, RDUS, RMR, RUTH, SSP, SVC, SPB, SR, SMLP, TRP, TGLS, TIXT, UNVR, VTR, VRS
EVENTS: (‘V-‘ =Virtual; ‘D-‘ =Digital)
SUNDAY, 05/02
ARVO V-Ass’n for Research in Vision & Ophthalmology (thru 7th)
APA Am. Psychiatric Annual V-Meeting (thru 3rd)
NACS Convenience & Fuel Retailing Leadership for Success (Richmond VA thru 7th)
The Boardroom @Surf Expo (Del Mar CA)
101st AATS Week: Am. Ass’n for Thoracic Surgery V-Annual (Seattle WA thru 4th)
ACOG Annual Business V-Mtg of Gynecologists & Obstetricians
TIA CANCELED Int’l Toy Fair New York
MONDAY, 05/03
eLearning Guild Learning Solutions+Realities 360 V-Conference (thru 14th)
SID Society for Investigative Dermatology 75th V-Meeting (thru 8th)
National Postal V-Forum (thru 4th)
CTA Technology & Standards Spring V-Forum (thru 6th)
MBA School of Mortgage Banking Online (thru 27th)
Keystone Synthetic Biology V-Crossroads of Genetic Engineering & Therapeutics (thru 4th)
IAB NewFronts Online (Hulu, NYT, WSJ, Barstool Sports & Vudu Dropped out)
RVCF Retail Value Chain Federation Spring POSTPONED to November
AIST Iron & Steel Tech POSTPONED to late June
Amazon (AMZN) NewFront Online
FubuTV (FUBU) NewFront Online
Greenbrier Companies (GBX) V-marketing w/Stephens
Merck & Co (MRK) Investor V-Presentation featuring Organon Management (10am edt)
Navient Corp (NAVI) V-Marketing w/Stephens
Portland General Electric (POR) V-Marketing w/Wolfe Research
Public Storage (PSA) 1st ever (?) Investor V-Meeting
Roku (ROKU) NewFront Online
Samsung (SSNLF) NewFront Online
SLM Corp (SLM) V-Marketing w/Stephens
Vizio (VZIO) NewFront Online
Walt Disney (DIS) 1st weekend its California Parks were Open, since March 2020, @Ltd Capacity
TUESDAY, 05/04
Oppenheimer 16th Industrial Growth V-Conference (thru 5th)
BMO Capital Global Reserve & Asset Managers V-Conference (thru 6th)
Truist 7th Life Sciences V-Summit (thru 5th, successor to SunTrust)
GENIVI TU Automotive Detroit Virtual (thru 7th)
AAPN Am. Apparel Producers’ Annual Pro-Americas V-Conference
31st Cancer Progress V-Conference (thru 6th)
Southern Gaming + Bingo World Summit (Biloxi MS thru 6th)
RVCF Retail Value Chain Supplier Open Forum CALL
Gartner Data & Analytics V-Summit (thru 6th)
Goldman Sachs European Small & MidCap V-Symposium (thru 7th)
Virtual KubeCon+CloudNativeCon Europe (thru 7th)
Macquarie Australia Conference (Sydney AUD thru 6th)
Daiwa Taiwan Corporate V-Day (thru 5th)
AACR Accelerating Anticancer Development POSTPONED to 09/29
A+E Networks (AMCX) NewFront Online
Alphabet’s Youtube (GOOG) Online NewFront
Altice USA (ATUS) V-Group Meeting w/Wolfe Research
Core Labs (CLB) V-NDR w/Wolfe Research
Eli Lilly (LLY) Sustainability V-Presentation (10:30am edt)
Lowe’s (LOW) nationwide hiring event, seeking 50k workers for its planting season
PEGAWorld (PEGA) V-Inspire
Tegna (TGNA) NewFront Online
Union Pacific (UNP) 2021 V-Investor Day (2pm et)
Verizon (VZ) Media NewFront Online
Walmart (WMT) speaker @AAPN
WEDNESDAY, 05/05
Wells Fargo Industrials V-Conference (thru 6th)
D.A. Davidson 23rd Financial Institutions V-Conference
S&P Global Platts 2nd Hydrogen Markets Americas V-Conference (thru 7th)
CONFAB—World Content Strategy Online (thru 7th)
ABC (Associated Builders & Contractors) ONE Conference (Indianapolis IN thru 7th)
BMO Capital 16th Government Finance V-Conference (presumed Canadian Gov’t)
Kempen & Co European Life Sciences: Autoimmune, Metabolic, & Infectious Diseases V-Day
ESMO European Breast Cancer Annual V-Congress
/?12th BIOmed Device POSTPONED to Sept.
DMA eMail Evolution CANCELED
JLTS Liver Transplantation Int’l Congress CANCELED
Dell Technologies (DELL) World Online (thru 6th)
FirstCash (FCFS) V-Marketing w/Stephens
Oracle (ORCL) Ads NewFront Online
Snap (SNAP) NewFront Online
Twitter (TWTR) NewFront Online
THURSDAY, 05/06
Credit Suisse 3rd Xtreme Services V-Conference (thru 7th)
Wolfe Research Housing V-Conference (thru 7th)
ThinkEquity V-Conference
Stephens Chicago Bank V-Field Trip (thru 7th)
BMO 16th Women in FICC Industry V-Forum
SVB Leerink Biopharma Private Company V-Connect (thru 7th)
RVCF Retail Value Chain Retailer Open Forum CALL
Transworld Halloween & Attractions V-Show (thru 9th)
iGlobal V-Forum Status of Gateway Cities & Shift to Secondary Markets
Nomura China Education V-Corporate Day (thru 7th)
Carter's (CRI) V-NDR w/B Riley Financial clients
ChemCentryx (CCXI) NDA 214487 before FDA to treat anti-neutrophil cytoplasmic antibody associated with vasculitis
Digitas (PUBGY) NewFront Online
Meredith (MDP) NewFront Online
NBCUniversal Ellen Digital (CMCSA) NewFront Online
Penske Media (PAG) NewFront Online
Wells Faro (WFC) PGA Championship (Quail Hollow NC thru 9th)
FRIDAY, 05/07
FTSE Russell Index Rebalance Rank Date (after hours)
Credit Suisse Inaugural Pest Control V-Forum
Amazon (AMZN) Labor Board Fairness hearing on the vote against unionization
Atlantic Union Bankshares (AUB) V-Marketing w/Stephens
FILMS Opening where theaters are reopened, streamed elsewhere: "Black Widow," from Walt Disney (DIS), a Marvel property. "Wrath of Man," with Jason Stratham, Josh Harnett, Scott Eastwood, directed by Guy Ritchie, limited release before opening wide May 7th, from United Artists Releasing, a JV between Metro-Goldwyn-Mayer Studios & Annapurna Pictures. (Lionsgate [LGF.A] won UK rights where it will debut 06/25). "Here Today," THEATERS ONLY, Initially, w/Sharon Stone, Penn Badgley, Tiffany Haddish, Billy Crystal, written & directed by Billy Crystal, distribution by Stage 6 Films (SONY) "Mainstream," w/Andrew Garfield, Maya Hawke, Nat Wolff, directed by Francis Ford Coppola’s granddaughter, Gia Coppola, distributed via IFC Films (AMCX) . "Benny Loves You," w/Karl Holt, Claire Cartwright, George Collie, James Parsons, a horror film via Darkline Entertainment. "Silent Life," about a woman who may have been Rudolph Valentino’s last love, with Sherilynn Fenn, Isabella Rosellini, Terry Moore, Franco Nero, via Dreamer Productions & Rudolph Valentino Productions. "The Water Man," directed by David Oyelowo, w/Maria Bello, Alfred Molina, David Oyelowo, via Oprah’s Harpo Films and RLJE & Netflix (NFLX) Films.
SATURDAY, 05/08
VAX Live Charity Event (ABC {DIS}, CBS {VIAC}, FOX {FOXA})
34th Annual Governor’s Hurricane Conference CANCELED
Tesla’s (TSLA) Elon Musk hosts "Saturday Night Live" (NBC-TV/Peacock {CMCSA}) EXCERPTS from EARLIER 2021 OUTLOOKS HERE
© Sandi Lynne 2021 Nothing contained in this commentary should be construed as a recommendation to buy or sell any security. The opinions expressed are the author’s, alone, and should be just one factor in more complete due diligence.