Hey Gotraders, Happy Labor Day! 🎉
While Indonesian, European, or Chinese stock markets take a break, US markets are open with a full slate. Today brings energy earnings and manufacturing data that could move markets.
Here's your watchlist for active traders!
| Company | Timing | Focus | Watch For |
|---|---|---|---|
| Exxon Mobil (XOM) | Before market open | Impact of Brent $100+ on upstream margins. Energy sector down -14.4% YoY in Q1. | Production guidance and hedging losses |
| Chevron (CVX) | Before market open | Strategy amid oil price volatility. Direct XOM competitor. | CapEx guidance and dividend sustainability |
| Colgate-Palmolive (CL) | Before market open | Pricing power amid input cost inflation. Consumer staples resilience. | Gross margin and FY2026 guidance |
| Moderna (MRNA) | Before market open | Non-COVID pipeline and commercial revenue. Transition from pandemic play. | R&D spending and trial updates |
| Estée Lauder (EL) | Before market open | China recovery and travel retail rebound. Beauty sector rebound. | Asia Pacific sales and margin expansion |
| Time (ET) | Data | Consensus | Previous | Watch For | Why It Matters |
|---|---|---|---|---|---|
| 10:00 AM | ISM Manufacturing PMI (April) | ~52.5 | 52.7 (March - highest since August 2022) | • New Orders (demand indicator) • Prices Index (inflation pressure from Middle East war) • Employment (manufacturing labor signal) | ISM > 50 = manufacturing expansion, early GDP growth indicator. If prices index stays elevated (78.3 in March), could pressure Fed rate cut expectations |
| 9:45 AM | S&P Global Manufacturing PMI Final (April) | - | - | Confirmation of preliminary data, cross-check with ISM | Validates manufacturing trend |
Before Market Open (8:30 AM ET):
Ahead of ISM Release (10:00 AM ET):
Post-ISM:
Set your alerts now, enjoy your day off, and check back this afternoon for the market wrap.
Which stocks are you watching today?
Disclaimer
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
