NYSE insider Jay Woods on stocks, data to watch this week, including a major transport player
Jay Woods is watching stocks like FedEx in the final full week of trading this year.
TL;DR
- FedEx has rallied 30% in the past three months, and its performance could influence other transportation stocks.
- Micron Technology's earnings report on Wednesday could impact its shares, even with positive results, mirroring trends in Nvidia and Broadcom.
- General Mills faces potential pressure on its stock, but offers a good risk-reward for long-term, patient investors due to its dividend yield.
- The unemployment report for November and October is due Tuesday, with experts predicting a rate between 4.4%-4.5%.
- The consumer price index report on Thursday is expected to show year-over-year inflation at 3.1%, a figure likely to move markets.