After a bad weekend and a Saturday and Sunday to forget in the Crypto world, a very intense week begins.
-Monday, February 2:
S&P Manufacturing PMI, ISM Manufacturing PMI, Results of Palantir.
-Tuesday, February 3:
Results of AMD, JOLTS job openings.
-Wednesday, February 4:
ADP report on private employment, Results of Alphabet.
-Thursday, February 5:
Results of Amazon, ECB decision.
-Friday, February 6:
Non-farm payrolls and Unemployment in the US.
Attention should be paid to two specific points. A good employment report, ahead of the JOLTS or ADP, will strengthen the dollar, eliminating the appetite for risk. This, along with the choice of Warsh, could be a bomb for the market.
On the other hand, mediocre results from Palantir, Alphabet, or Amazon (especially in the intelligent cloud sectors) will increase fear regarding Capex in AI, generating a new wave of risk aversion, similar to what started the previous week with Microsoft.
So much encouragement and nerves of steel to everyone. An explosive cocktail can be created.
What do you think? Are you optimistic about the week or do you expect another debacle?