9 Minute Read

Tackle Today: Lot’s Going on This Week

October 30, 2023

By | No Comments

No Shortage of Catalysts Once Again

Coach Mark here.

I am looking at the week ahead and creating four “baskets” of new catalysts that can impact that market: Earnings, Monetary Policy, Employment and War

Earnings – While many companies will trickle in over the coming weeks, I personally consider Apple earnings week the last significant week of earnings season. By the end of the week, we will have enough companies reporting that we will have a pretty good snapshot of earnings and we will have all the big dogs reported. Apple report Thursday after the market close.

Monetary Policy – Fed week…although seems a little lost in other headlines to be honest. Still, they meet this week, report on Wednesday and Powell will give is third speech in the last couple weeks. Seems all a bit anti-climactic but we tune in in case it is not.

Employment Data – Employment week is probably the most important week of all the economic weeks moving forward as it is central to talks of recession or Fed policy shifts. This week it finds itself fighting for competition but certainly can steal the headlines if the data comes in strong or weak one way or another.

War – Until the fears of the war escalating beyond the current geographical territory subside this will remain a market story because of the impact on oil, and let’s be honest, the stoking of human fears that this could lead to something worse. This undoubtedly has played a role in sentiment and we discussed this on the Trading Justice podcast yesterday.  

It is going to be a busy week and we will be with you every step of the way on the Halftime Report and other Tackle Trading programming. Have a great start to your week!


Chart of the Day: S&P 500 Futures (/ES)

Equities are certainly due for a bounce amid dour sentiment and extreme oversold conditions. However what traders really would like is a support build here that could serve as the foundation of something bigger



Today’s lineup

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 the Coaches at Tackle Trading can deliver.

Weekend Reports

Watch the Stock, Options, Commodity, and Tackle Newsletter Reports to help you prepare for the week.


Tackle Trading: Financial Freedom is a Journey. Sign up now for a 15-day free trial.

Financial freedom is a journey

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.


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 involves 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 advisers, to determine whether such trading or investment is appropriate for that user.

Chart Modal

Tackle Trading

Let us help you start trading!

Our Pro Membership gives you the tools to tackle all your trading obstacles.

Register for the Options Success Training Cours & Get the First 15 Days on Us

Book a FREE Consultation

Sign up for a free consultation to build your Educational Plan.