Monday, June 23, 2025
**09:00** – Speech: FOMC Member Waller
**15:45** – Flash Manufacturing PMI (USD)
**15:45** – Flash Services PMI (USD)
**16:00** – Existing Home Sales (USD)
**Markets & Volatility:**
- The Israel/Iran conflict remains a central risk factor.
- Expected volatility: Nektar Therapeutics (NKTR), INmune Bio (INMB)
- Overbought stocks: CCCMU, CINGF, RGC
- Oversold stocks: PCG, CPRT
**Events:**
- IPO of Jefferson Capital (JCAP)
- Investor Day: Samsara (IOT)
- Global Flash PMI releases ongoing
**Earnings:**
- FactSet (FDS), KB Home (KBH)
**Dividends (ex-date this week):**
- Disney (DIS), Humana (HUM), Keurig Dr Pepper (KDP), Philip Morris (PM)
Tuesday, June 24, 2025
**16:00** – Testimony by Jerome Powell before the House
**16:00** – CB Consumer Confidence
**16:00** – Richmond Manufacturing Index
**Events:**
- Start of the NATO Summit (The Hague)
- Northland Growth Conference (FATN, ASUR, INV, WULF)
- HPE Discover: CEO Keynote by Antonio Neri
- Investor Day: CF Industries (CF)
**Fed Speakers:**
- 10:15 – Beth Hammack (Cleveland Fed)
- 12:30 – John Williams (NY Fed)
**Real Estate:**
- 09:00 – S&P/Case-Shiller Home Price Index
**Earnings:**
- FedEx (FDX), Carnival (CCL), BlackBerry (BB) (expected volatility)
Wednesday, June 25, 2025
**16:00** – Powell testifies before the Senate
**16:00** – New Home Sales (USD)
**Events:**
- Analyst Day: Equinix (EQIX)
- R&D Day: Acadia Pharmaceuticals (ACAD)
- 14:00 – Annual Meeting: Nvidia (NVDA)
**Earnings:**
- Micron (MU), Paychex (PAYX), General Mills (GIS), Jefferies (JEF)
- Winnebago (WGO) (double-digit move expected)
Thursday, June 26, 2025
**14:30** – Final GDP q/q
**14:30** – Unemployment Claims
**14:30** – Core Durable Goods Orders m/m
**14:30** – Durable Goods Orders m/m
**14:30** – Final GDP Price Index q/q
**16:00** – Pending Home Sales m/m
**Events:**
- Investor Day: Genpact (G)
- 09:00 – R&D Day: Crinetics Pharma (CRNX)
**Fed Speakers:**
- Thomas Barkin, Michael Barr, Beth Hammack
**Earnings:**
- Nike (NKE), McCormick (MKC), Walgreens (WBA), Lindsay (LNN)
- American Outdoor Brands (AOUT) (high expected volatility)
Friday, June 27, 2025
**08:30** – Core PCE Price Index m/m (Fed target inflation)
**16:00** – Revised UoM Consumer Sentiment
**16:30** – Results of the Fed’s annual bank stress tests
Post-Market – Annual Reconstitution of Russell Indices (high volatility expected for small/mid caps)
