Have a Plan Ready!
Coach Mark here.
We have an extremely busy week ahead of us. Market participants tend to be a little dramatic at time but I assure you that is not the case here. A lot going on in regards to earnings, economic data, and monetary policy. A snap shot of what we have in front of us includes:
- Tuesday: Jolts job report, Bank of Japan policy announcement, earnings results from MSFT and AMD (after the market bell)
- Wednesday: European inflationary data, FOMC statement, earnings results from META, ARM, and QCOM (after the market bell)
- Thursday: Bank of England policy announcement, earnings results from AAPL and AMZN (after the market bell)
- Friday: Monthly unemployment report
This list does not include hundreds of other earnings results from companies, other economic data, or comments from Fed officials that will follow the Wednesday meetings. It also does not include anything unknown that might happen on a geopolitical front. We have a busy week ahead of us.
There are a lot of scenarios that can unfold and my brother Matt and I did the best we could to break them down for you on the Trading Justice podcast that you can watch here. This is the type of week where you want a plan of action. Watch the podcast and to help you formulate that plan.
For our pro members we will be breaking down the data, results, and narratives that form each day in the Trader’s Lounge. We will also provide a comprehensive breakdown next week on the podcast.
Have a fantastic Monday and keep two eyes on the road this week!
Chart of the Day: Small Cap Futures (/RTY)
Small-caps is one of many areas that are in focus this week in the market. A relentless bid has created a high-base formation as we head into a catalyst filled week.
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