The Consumer Price Index released last week came in higher at 8.3% than the expected 8.1%. Is this an early sign that inflation may reduce at a slower rate than expected?
If this continues then the US Federal could raise the interest rate by .75 points instead of the planned .50 points.
Q1 2022 earnings season continues with big retail this week. Some of the major ones include Home Depot (HD), Wal-Mart (WMT), Lowes Cos. (LOW), Target Corp. (TGT) & Kohls Corp. (KSS).
Click on the ticker links below for earnings estimates and whispers on expected earnings.
| Monday, May 16, 2022 |
Buzzfeed, Inc. (BZFD) – After Market.   |
| Lottery.Com Cmn (LTRY) – Before Market. |
| Monday.Com Os (MNDY) – Before Market. |
| Novartis AG (NOVN) – Before Market. |
| Sohu.Com (SOHU) – Before Market. |
| SUNWORKS INC COM (SUNW) – Before Market. |
| Wix.Com Ltd (WIX) – Before Market. |
| Tuesday, May 17, 2022 |
| Home Depot (HD) – Before Market. |
| JD.com (JD) – Before Market. |
| Spectra Energy Corp. (SE) – Before Market. |
| Wal-Mart (WMT) – Before Market. |
| Wednesday, May 18, 2022 |
| Bath & Body Works Inc. (BBWI) – After Market. |
| Lowes Cos. (LOW) – Before Market. |
| Target Corp. (TGT) – Before Market. |
| TJX Companies Inc. (TJX) – Before Market. |
| Thursday, May 19, 2022 |
| Kohls Corp. (KSS) – Before Market. |
| Ross Stores Inc. (ROST) – After Market. |
| Friday, May 20, 2022 |
| Foot Locker (FL) – Before Market. |
The following is a list of stocks for the week of May 09, 2022 – May 13, 2022 that show bullish and bearish trends.
The bullish matches – Oversold RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| UBER | Uber Technologies Inc | May 10, 2022 | Homing Pigeon | 28.66 |
| CRWD | Crowdstrike Hld Cm A | May 10, 2022 | Harami | 29.59 |
| GE | General Electric Company | May 10, 2022 | Homing Pigeon | 28.53 |
| AMZN | Amazon.com, Inc. | May 10, 2022 | Homing Pigeon | 23.44 |
| EW | Edwards Lifesciences | May 10, 2022 | Homing Pigeon | 28.16 |
| ZTS | Zoetis Inc. | May 10, 2022 | Homing Pigeon | 28.01 |
| ISRG | Intuitive Surgical Inc. | May 10, 2022 | Homing Pigeon | 29.67 |
| ALC | ASSISTED LIVING CONCEPTS | May 10, 2022 | Harami | 28.03 |
| WCN | Waste Connections | May 10, 2022 | Homing Pigeon | 26.2 |
| DLR | Digital | May 11, 2022 | Homing Pigeon | 29.05 |
The bearish matches – Overbought RSI
| Ticker | Company Name | Date | Chart Type | RSI |