Think Thursday

Ranora Daily - Your daily source for reliable market analysis and news.

May 18, 2023

Market Data

Local

Global

*Data as of 6pm WAT

Market News

Local

Global

Weekly Investment Watchlist

The Week Ahead:

  • Monday: US NY Empire manufacturing comes in at -31.8; est: -4.0.

  • Tuesday: Retail sales, industrial & manufacturing production, business inventories, NAHB housing market index

  • Wednesday: US housing starts for April comes in at 2.2% up to 1.4m; est -1.4%.

  • Thursday: Initial jobless claims, Philly Fed manufacturing, existing home sales, CB leading index

  • Friday: Powell speech

Investment Tip of The Day

Options can be a powerful tool for managing risk in your portfolio. For example, you can use put options to protect against downside risk in a particular stock or index, or you can use covered call options to generate income from a stock you already own.

Meme of the Day

Disclaimer: The information contained in this report is intended for informational purposes only and should not be considered as investment advice. The information is obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed.