Reply To: Traders Market Weekly: Geopolitics, ECB and Apple


Tuesday – August 30

All day – Hempacco is expected to start trading on August 30. The company sells hemp-based smokable products to consumers in the United States. Hempacco said it plans on offering 3M shares priced between $4 and $6 per share, which would raise $15M if priced at the midpoint.

All day – There is a DSMB review on BioCardia’s (BCDA) CardiAMP for heart failure. Shares of BioCardia have soared in the past off positive CardiAMP developments.

7:00 a.m. Richmond Federal Reserve Bank President Thomas Barkin will speak in person on inflation and the economy before the Huntington Regional Chamber of Commerce, in Huntington, West Virginia.

8:00 a.m. Best Buy (BBY) will hold its earnings call. Analysts have circled the call as a potential share price mover with the early outlook for the back-to-school and holiday quarters seen as key.

3:00 p.m. New York Federal Reserve Bank President John Williams will participate in moderated discussion before the WSJ Live Q&A event.

Postmarket – Chewy (CHWY) will report earnings. Options trading implies a share price move of around 15% after the numbers drop. Chewy soared 24% the last time it reported earnings.

5:30 p.m. HP Inc. (HPQ) will hold its earnings conference call. Ahead of the report, JPMorgan warned pricing weakness could hurt the company’s outlook.