Earnings Seasons Grades Are Here!
Coach Mark here.
A new Trading Justice podcast is out and my brother Matt and I discuss the interesting tactical week ahead. Most of the action from a news perspective happens within a 24-hour period this week. We get producer inflationary data (PPI) before the market bell on Tuesday, Jerome Powell speaks later that day, then we get consumer inflationary data (CPI) and retail sales numbers Wednesday morning before the bell. It is a jam-packed 24-hour period and we discuss how to tactically approach this period and break down the market. It is a fun podcast and you can watch it here on our YouTube channel or listen to it here.
Earnings season is a few more companies to report but for all intent we can call it a wrap. What did we learn from earnings season? How did companies do? Matt is out with expert analysis and few letter grades while also highlighting some of the best and worst from earnings season.
Last week was a little dull (although profitable for the bulls). This week should be exciting. Be sure to join us on the Halftime Report each day this week! Once again check out the podcast and you can watch it here on our YouTube channel or listen to it here.
Have a great Monday!!!
Chart of the Day: S&P 500 Futures (/ES)
Positive inflationary data would likely send the S&P 500 up to see what a test of all-time highs would look like. Markets have been enjoying the last several sessions and we are getting broad participation this morning. Pattern development is going to be interesting this week in a generally positive environment for bulls.
Today’s lineup
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