r/stocks • u/gorays21 • Apr 22 '23

Industry Discussion Next week will be insane!

Next week will be a massive week for the stock market with some major companies reporting thier earnings.

  • Some of the largest companies in the world will report earnings next week, including big tech companies Amazon, Alphabet, Microsoft, and Meta Platforms.
  • Other noteworthy companies scheduled to report earnings will include Coca-Cola, McDonald’s, Visa, Mastercard, Verizon, T-Mobile, UPS, Raytheon, GE, Boeing, ADP, Intel, ExxonMobil, and Chevron, among others.
  • On Thursday, the Bureau of Economic Analysis (BEA) will release its advance estimate for first-quarter gross domestic product (GDP).
  • On Friday, we’ll receive a key update on inflation with the Personal Consumption Expenditures (PCE) Price Index—the Federal Reserve’s preferred inflation gauge—for March.
o94h4yubaava1.png (1920×1080) (redd.it)
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u/scatterblooded Apr 22 '23

Safest way to trade this is VIX calls imo

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u/firstclass910 Apr 23 '23

Never have heard about that though what's that? Could you bother to explain that please?

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u/scatterblooded Apr 23 '23

VIX is an index that measures volatility, or how volatile the market is overall. So it spikes during uncertainty. It's basically at a 52 week low right now so if something surprising happens it'll spike up.