Reply To: Bond Traders Weekly Outlook: CPI and FOMC on Deck


Thursday – December 8

Earnings watch – Notable companies due to report include Costco (COST), Broadcom (AVGO), Lululemon (LULU), Chewy (CHWY), Ciena (CIEN), and Vail Resorts (MTN). Options trading is implying a big share price move for DocuSign (DOCU) after it reports. The tech stock rallied 11% after its last earnings report dropped. Citi has circled Ciena as an earnings reporter that could disappoint.

All day – Disney (DIS) will introduce its much-anticipated ad-supported subscription offering in the U.S. With the launch, a new and comprehensive slate of subscription plans will be made available across Disney+, Hulu, ESPN+, and the Disney Bundle. Analysts expect the launch to add pressure for competing streaming services. Per data from Bank of America, Amazon Prime (AMZN), Paramount (PARA) and Netflix (NFLX) saw big jumps in app downloads over the last three months, while HBO Max, Starz, Epix, Showtime and Hulu saw drops in downloads.

All day – A busy day of investor events includes the Edwards Lifesciences (EW) Investor Conference, the MoneyLion (ML) Investor Day, 10x Genomics Investor Day (TXG), a special Rogers (ROG) investor conference call, the Westport Fuel Systems (WPRT) Capital Markets Day, an Exxon Mobil (XOM) corporate plan update, and the GE Healthcare (GE) Investor Day 2022.

12:00 p.m. Traders will be watching a closed door FTC meeting amid speculation the Microsoft (MSFT) acquisition of Activision Blizzard (ATVI) could be a topic.