On Wednesday, November 30, investors await quarterly results from apparel company PVH (PVH) and inflation data. PVH reports earnings after the markets close, along with Guess (GES) and cloud company Box (BOX) .
Before the market open, Royal Bank of Canada (RY) releases quarterly results. Analysts expect the bank to report earnings per share of $1.29 on sales of $7 billion.
On the economic data calendar, the ADP Employment Report for November is released at 8:15 a.m. EDT, while the Fed's favorite inflation gauge, the personal consumption expenditure price index, is out at 8:30 a.m. The pending home sales index for October is released at 10 a.m.
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Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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