Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Financial stocks dominate the calendar this week, with a string of large US bank earnings starting today and running through Tuesday.
Charles Schwab and Marsh & McLennan report this morning, joined by U.S. Bancorp, PNC Financial, Bank of New York Mellon, and Prologis before the close. Interactive Brokers and J.B. Hunt Transport follow after hours. That is eight S&P 500 names in a single session.
Tomorrow brings more regional bank colour. Truist Financial, M&T Bank, The Travelers Companies, Citizens Financial, and Regions Financial all post results on Friday.
The week's centrepiece arrives later. General Motors reports Monday 20 October. German car registration data, which ORTEX alt data tracks as a leading indicator for GM revenue with a 15-day lag, is running 133% above the same quarter last year across all three months. That is a strong forward read heading into the print.
Tesla follows on Tuesday 21 October. The same German registration dataset leads Tesla revenue by 43 days and is running 269% above year-ago levels through three consecutive months. Short sellers will be watching closely.
No IPOs are scheduled in the next seven days based on available data.
The MSCI World November quarterly review has its rank date on 19 October. ORTEX Index Rebalance Radar puts AST SpaceMobile deletion odds at 95% and IREN at 96%, with combined implied selling of over $1.3 billion.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
