Reply To: Traders Market Weekly: Fed, Inflation and Profit Warnings


Monday – September 12

Options trading volume is high again on retailers Revlon (REV) and e.l.f. Beauty (ELF). Short interest remains at an elevated level on Faraday Future Intelligent Electric (FFIE) and Nordstrom (JWN). Social media interest on Mullen Automotive (MULN) has jumped significantly.

All day – Brookfield Asset Management (BAM) will hold an investor day event. Shares of BAM rallied more than 3% after last year’s investor day event.

All day – Amgen (AMGN) will host a webcast call for the investment community in conjunction with the European Society for Medical Oncology Annual Congress. Amgen execs and members of the clinical development team will discuss the data being presented from the sotorasib CodeBreaK 200 confirmatory Phase 3 study in non-small cell lung cancer and data from the full Phase 1b expansion cohort of Lumakras in combination with Vectibix in colorectal cancer.

Postmarket – Braze (BRZE), Rent the Runway (RENT), and Planet Labs (PL) will report earnings with options trading implying a double-digit swing for all three stocks after the numbers and guidance are released.