News this week…
U.S. Bureau of Labor Statistics will release December 2021 consumer pricing index this week on Wednesday.
It is expected to be up 7.1% since the same time in 2020. The last time a jump like this was in 1982.
Why is this jump important?
It may force the Federal Reserve to adjust rates earlier than late 2022 as originally announced.
This just in time for the Q4 earnings season start with some big financial institutions report this week including Citigroup Inc. (C), Wells Fargo (WFC) and JPMorgan Chase (JPM). All are expected to beat the analysts estimates.
How was the Santa Claus Rally?
S&P 500 & Dow Jones went up during the 7 day span. Nasdaq dropped very little. Based on the past, expect a good year in the stock market.
| Close on 12/23/2021 | Close on 1/4/2022 | Points | Percentage | |
| S&P 500 | 4725.79 | 4793.54 | 67.75 | 1.43% |
| Dow Jones | 35,950.56 | 36,799.65 | 849.09 | 2.36% |
| Nasdaq | 15,653.37 | 15,622.72 | -30.65 | -0.20% |
Click on the ticker links below for earnings estimates and whispers on expected earnings.
| Monday, Jan 10, 2022 |
Limoneira Co (LMNR) – After Market.   |
| Tuesday, Jan 11, 2022 |
| Synnex (SNX) – Before Market. |
| Wednesday, Jan 12, 2022 |
| Jefferies Financial (JEF) – Before Market. |
| Concrete Pumping Holdings Inc (BBCP) – After Market. |
| KB Home (KBH) – After Market. |
| Thursday, Jan 13, 2022 |
| Delta Air Lines (DAL) – Before Market. |
| Taiwan Semiconductor (TSM) – Before Market. |
| Friday, Jan 14, 2022 |
| BlackRock (BLK) – Before Market. |
| Citigroup Inc. (C) – Before Market. |
| Freicoin (FRC) – Before Market. |
| JPMorgan Chase (JPM) – Before Market. |
| Wells Fargo (WFC) – Before Market. |
The following is a list of stocks for the week of Jan 03, 2022 – Jan 07, 2022 that show bullish and bearish trends.
The bullish matches – Oversold RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| GRTS | Gritstone Oncology Inc. | Jan 06, 2022 | Harami | 27.56 |
| HUBS | HubSpot Inc | Jan 06, 2022 | Piercing Line | 26.34 |
| GNRC | Generac Holdings Inc. | Jan 06, 2022 | Harami | 27.94 |
The bearish matches – Overbought RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| CCI | Crown Castle International Corp. | Jan 03, 2022 | Hanging Man | 70.19 |
| CPSS | Consumer Portfolio Services | Jan 03, 2022 | Hanging Man | 74.1 |
| CAT | Caterpillar | Jan 05, 2022 | Shooting Star | 70.79 |