Second-quarter earnings season is within the rear-view mirror, however there’s nonetheless a busy calendar within the weeks forward that would give a jolt to some main shares. Goldman Sachs’ spinoff analysis staff, led by Vishal Vivek, stated in a notice to purchasers on Thursday that analyst days add vital volatility to shares and could also be much more impactful throughout bear markets. “Analyst days have traditionally been an vital catalyst for shares, and particularly so in intervals of macro uncertainty. Our evaluation reveals the common inventory throughout our examine moved +/-2.3% on analyst days between 2004-22YTD; this elevated to 4.0% in 2008, and is 3.6% in 2022YTD,” the notice stated. Goldman’s analysis reveals that purchasing straddles round analyst days have returned about 6% on common since 2004, and eight% this yr. A straddle is an choices technique that features shopping for a name and a put with the identical expiration and strike value. When the strike value is on the cash, or equal to the present inventory value, the straddle serves as a guess on volatility in both route. Listed below are a number of the firms Goldman highlighted with upcoming analyst days in September. Supply: Goldman Sachs, firm web sites One of many greatest firms on the listing is espresso chain Starbucks . The corporate introduced Laxman Narasimhan as its incoming CEO final week, and Barclays stated on Wednesday that buyers had a shopping for alternative for the inventory forward of Starbucks’ investor day on Sept. 13. Semiconductor shares have a latest observe report of market-moving bulletins, and two of the larger names within the trade have analyst days later this month. Qualcomm , whose shares are down about 30% this yr, has an auto-focused investor day on Sept. 22. In the meantime, Intel has a two-day occasion targeted on innovation close to the tip of the month. Shares of Intel are down greater than 40% yr to this point and hit a brand new 52-week low on Thursday. One other beaten-down inventory on the listing is Workday , which has dropped practically 40% this yr. Tech buyers are watching the enterprise software program house intently for indicators of a recession hitting company America, so Workday’s Sept. 13 analyst day may very well be of broad curiosity. — CNBC’s Michael Bloom contributed to this report.