Catalyst watch: Earnings deluge, Farnborough Airshow, Paris Olympics, and Trump talks crypto

Monday - July 22

• Volatility watch - Options trading volume is elevated again on GameStop (GME) and Sirius XM Holdings (SIRI). The most overbought stocks per their 14-day relative strength index include The Bancorp (TBBK), CrossFirst Bankshares (CFB), and Emergent Bio (EBS). The most oversold stocks per their 14-day Relative Strength Index include Helen of Troy (HELE), Five Below (FIVE), and Oaktree Specialty (OCSL). Short interest has moved even higher on Beyond Meat (BYND) and Kohl's (KSS).
• All week - The Farnborough International Airshow will capture the attention of the aviation industry. The most highly anticipated appearances are from Boeing (BA), Embraer (ERJ), Airbus (OTCPK:EADSF), and Textron (TXT). The eVTOL industry will also be in the spotlight, with Vertical Aerospace (EVTL), Joby Aviation (JOBY), Supernal, and Lilium (LILM) being showcased.
• Earnings watch - Notable companies due to report include Verizon (VZ) and NXP Semiconductors (NXPI).

Tuesday - July 23

• Earnings watch - Notable companies due to report include Alphabet (GOOG), Tesla (TSLA), Visa (V), Coca-Cola (KO), Texas Instruments (TXN), Philip Morris International (PM), UPS (UPS), Lockheed Martin (LMT), General Motors (GM), and Comcast (CMCSA).
• 10:00 a.m. The June Existing Home Sales report will be released.
• 1:00 p.m. The National Retail Federation will hold a webcast to discuss the latest data on consumer shopping and spending plans for the upcoming back-to-school season.

Wednesday - July 24

• Earnings watch - Notable companies due to report include IBM (IBM), AT&T (T), Chipotle (CMG), General Dynamics (GD) and Ford Motor (F).
• All day - Nasdaq will release its latest update on short interest positions.
• 10:00 a.m. The June New Home Sales report will be released.

Thursday - July 25

• Earnings watch - Notable companies due to report include AbbVie (ABBV), Northrop Grumman (NOC), Union Pacific (UNP), and AstraZeneca (AZN). Options trading implies a double-digit share price swing for Lendingtree (TREE) and Deckers Outdoor (DECK) after their reports.
• All day - The three-day Bitcoin 2024 Conference will include appearances by Donald Trump, Robert Kennedy Jr., ARK Invest's Cathie Wood, MicroStrategy (MSTR) Executive Chairman Michael Saylor, Edward Snowden, Vivek Ramaswamy and Anthony Scaramucci. Some of the companies that are participating include Riot Platforms (RIOT), Gryphon Digital Mining (GRYP), and TeraWulf (WULF). Donald Trump is not scheduled to speak until July 27, but his upcoming appearance could create buzz all week for Bitcoin (BTC-USD).
• All day - Notable investor events include NV5 Global's (NVEE) Investor Day.
• 8:30 a.m. The June Durable Goods Order report will be released.

Friday - July 26

• Earnings watch - Notable companies due to report include Bristol-Myers Squibb (BMY), and Colgate-Palmolive (CL), and Charter Communications (CHTR).
• All day - Matterport (MTTR) will hold a special shareholder meeting to vote on the pending merger with CoStar.
• All day - The opening ceremonies of the Paris Olympics will take place. The Olympics could have some implications for the consumer sector after NBCUniversal (CMCSA) said that International Olympic Committee sponsors spent 18% more than for the 2021 Summer Olympics in Tokyo. Nike (NKE), Procter & Gamble (PG), Coca-Cola (KO), Danone (OTCQX:DANOY), Airbnb (ABNB), Snap (SNAP), and fuboTV (FUBO) are some of the stocks that analysts have circled as having the potential to see an Olympics boost from various catalysts.
• 8:30 a.m. The core PCE price index report for June will be released. The Fed's favored inflation gauge was up 2.6% in May.

Seeking Alpha Editor Josh Fineman contributed to this story.