Markets will try to build on a stellar week in the markets where the markets hit all-time highs. As the volatility from the GameStop saga subsided the markets wasted no time recouping losses on their way to all-time highs with stimulus and earnings tailwinds at its back. Those tailwinds could very well continue in coming weeks as the trend is still in place and the technicals of the market very constructutive…if a bit extended. There is very little on the earnings and economic event calendar this week although there are a few notable names on the earnings calendar. Should be another great week of trading!
Key Earnings This Week
- Monday – Hasbro (NASDAQ:HAS) and Take-Two Interactive Software (NASDAQ:TTWO)
- Tuesday – Canopy Growth (CGC), Twitter (TWTR), Lyft (LYFT)
- Wednesday –Coca-Cola (KO), General Motors (GM), Uber (UBER)
- Thursday – Disney (DIS), PepsiCo (PEP), Expedia (EXPE)
- Friday – Dominion Energy (D)
IPOs Expected This Week
- Adagene Inc. (ADAG)
- Viant Technology (DSP)
- Bumble (BMBL)
- Apria (APR)
- Signify Health (SGFY)
- AFC Gamma (AFCG)
- Vallon Pharmaceuticals (VLON)
Economic Events
- Wednesday – CPI Report, Jerome Powell Speech
- Thursday – Jobless Claims
Have a wonderful start to your week and email us if there is anything we can do to make your week better.
Chart of the Day
Earnings This Week
| Earnings season continues in the last heavy weeks of earnings for this cycle. While there will be companies report every week until the next earnings cycle after this week this one is in the books for the most part. |
|---|
Video of the day
Trade Masters
In case you missed it, Check Out Coach Greg, Tyler and Mark discuss swing trading and trading setups in last week’s special Trade Masters webinar.
Today’s line up
Traders Lounge 11 AM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Halftime Report 12:30 PM EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.
Weekend Reports
Watch the Stock, Options, Commodity and Forex Reports to help yo prepare for the week.
Financial freedom is a journey
The Tackle Today series is brought to you by Tackle Trading.
Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.
# Sign up now for a 15-DAY FREE TRIAL #
Legal Disclaimer
Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses, and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.
All investing and trading in the securities market involve a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax, and accounting advisors, to determine whether such trading or investment is appropriate for that user.
