Demmert: TSM & ASML Earnings Important to "Sleepy" AI Trade, CPI to Give Fed Relief

By Schwab Network

Community Score: 50% | 394 views | 3d

0 community ratings: null thumbs up, null thumbs down

James Demmert looks ahead at the key movers he sees affecting Wall Street this week as a new earnings season begins. He sees Wednesday's CPI print the most important metric beyond earnings. He expects an in-line or slightly hot number, something he believes will give the Fed room to hold interest rates. On the earnings front, James calls TSMC (TSM) and ASML (ASML) the biggest reports to watch. After a "sleepy AI trade," James makes the case both will wake bulls. JPMorgan Chase (JPM), Goldman Sachs (GS), Wells Fargo (WFC) and other big bank earnings will give a pulse on U.S. consumers. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8