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5 Must Knows for Monday, July 29th

Earnings Season Rolls On — We’ve got another stacked lineup of earnings this week. So be prepared to see some of your favorite stocks move sharply higher or lower depending on their results. Later today, Beyond Meat, AK Steel, NXP Semiconductors and Chegg report earnings.

On Tuesday, MasterCard, P&G, AMD, Altria, Apple, Electronic Arts, Gilead, Merck, Pfizer, Under Armour, Sony, Grubhub, Amgen, FireEye and Groupon report earnings.

On Wednesday, GE, Twilio, Qualcomm, Spotify, Lam Research, Humana, ADP, Fitbit, Occidental Petroleum, Teladoc and American Towers report earnings.

On Thursday, Shopify, Square, Verizon, GM, U.S. Steel, Yeti, Wayfair, Cigna, Marathon Oil, Pinterest, Etsy and Iron Mountain report earnings.

And wrapping up the week on Friday, ExxonMobil, Chevron, Enbridge, Newell Brands, Ferrari, Noble Energy and Sempra Energy report earnings.

Here’s What I’ll Be Watching — With so many high-profile companies reporting, there are bound to be insights into not only these individual companies, but the economy as a whole. Here’s what I’ll be watching.

Steel demand has long been seen as a leading indicator for the overall economy. So what will execs from AK Steel and U.S. Steel say about the state of today’s economy?

Geopolitical fears have rocked the energy market recently. What steps are ExxonMobil and Chevron taking to protect their businesses? And how do they perceive the current drama in the Middle East?

Apple continues to grow its services revenue as iPhone sales slow. But will their results meet Wall Street expectations? Find out this week.

Rate Cut on Deck — This is the week we’ve all been waiting for. After cracks started to appear in our economy, most notably in the form of weak economic data and trade war fears, the Federal Reserve is set to cut rates for the first time since the financial crisis on Wednesday. This is a topic we’ve covered extensively over the last few weeks. For more details, tune into tomorrow’s call at 1 PM Eastern.

Jobs, Jobs, Jobs! — On Friday, the U.S. Labor Department releases its July jobs report. This report will be closely watched for signs that businesses are no longer hiring and raising wages. After adding 224,000 jobs in June, economists today expect that 166,000 jobs were added in July while the unemployment rate moved lower from 3.7% to 3.6%.

Don’t Forget to Claim Your $125 (Or More) — Last week, Equifax settled its lawsuit with state and federal authorities and agreed to pay up to $700 million to consumers for carelessly managing their data. To claim your share, click here. I claimed mine in just a few minutes!

That’s all for me today. Enjoy the busy week in the markets and I’ll talk to you tomorrow!

Here’s to growing and protecting your wealth!

Zach Scheidt

Zach Scheidt
Editor, The Daily Edge
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Zach Scheidt

Zach Scheidt is the editor of Lifetime Income Report, Income on Demand, Buyout Millionaires Club, Weekly Squawk Box, Contract Income Alert and Family Wealth Circle — investment advisories dedicated to finding Wall Street’s best yields. He brings to the table impeccable investment management experience and a solid record of identifying oversized payout opportunities.

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