Jerome Powell x 3
Tech is leading the way to start the week as yields pull back to start the week. The market has been on a choppy roller coaster over the last few weeks as yields and rates continue to capture the headlines. This could continue for the weeks ahead as the market continues to analyze inflation and interest rates against the backdrop of what is expected to be a very strong economy moving forward. Lockdowns in Europe are weighing on some of the reopening plays to start the week (airlines, hotels, etc.) but the current traffic and reopening trends remain strong. Market participants will have more fed speak to digest as Jerome Powell is scheduled to speak on three separate occasions this week. Outside of Jerome Powell’s speeches there is little on the earnings and economic report front this week although GameStop’s earnings this week certainly could serve as popcorn theater.
- Tuesday – Adobe (ADBE) GameStop (GME)
- Wednesday – General Mills (GIS)
- Thursday – Darden Restaurants (DRI), Blink Charging (BLNK) and Momo (MOMO)
- Monday – Jerome Powell Speaks
- Tuesday – Jerome Powell Speaks
- Wednesday – Jerome Powell Speaks
- Thursday – Jobless Claims
- Friday – Personal Income and Outlays
Have a wonderful week and email us at [email protected] if you need anything.
Chart of the Day
Earnings This Week
At this point in the earnings cycle we are about a month away from the unofficial start of the next cycle when big banks start to report. While there are not a large number of S&P 500 companies reporting at this point there are always a few interesting names which this week include Adobe (ADBE, Blink Charging (BLNK) and GameStop (GME).
Video of the day
If you missed last week’s episode of Trade Masters check out this week’s edition as Tyler and Jake square off for the crown.
Today’s line up
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