It is inflation week and traders and investors from all corners will have their eyes on the inflationary numbers that come out later this week in an otherwise light economic calendar. The most important of these will be the CPI on Thursday where consumer prices will be reported. This will be followed by producer prices (PPI) on Friday along with the University of Michigan consumer survey that contains the inflation expectation series. With yields causing a bit of a market stir last week and climbing again today, the inflationary data is certainly the market event of the week.

The core of earnings season is wrapping up this week and while most of the heavy hitters are behind us, there are still some interesting names this week including Walt Disney, Roblox, Barrick Gold, Rivian, UPS, and popular retail stocks Palantir and Lucid after the bell today. Earnings season has been mixed this season with companies beating as usual but the overall earnings growth rate in negative territory. Matt gave it it an overall C in totality on the Trading Justice podcast yesterday which you can check out here.  C’s might get degrees but can it help recharge the market?

Macro is taking center stage lately and every Monday we break it all down on Macro Monday on the Halftime Report where we cover all the charts, sectors, and events for the coming week. It is a great show so come join us today!

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Chart of the Day: Apple (AAPL)

No single company means more to the market than Apple. Apple continues selling pressure post earnings and is battling the 20-weekly moving average this week. Traders everywhere are looking for support zones to potentially form on Apple and this will be a highly watched chart this week.

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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.

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