Tackle Today: A Look at the Week Ahead

No Shortage of Events This Week

Coach Mark here.

Earnings season kicks off this week with the big banks reporting. My brother Matt is an earnings expert by anyone’s standard. It was fascinating being on the Trading Justice podcast with him yesterday as he gave an earnings preview breaking down the different scenarios that could unfold. It was tremendous analysis and you can watch it on Tackle Trading’s YouTube channel here or listen to it here. You want to be prepared for this earnings season if you are a trader (no doubt about that) and listening to this episode is a great step in doing that.

Earnings is not the only thing on deck this week as we have inflationary data on Thursday and Friday. Moderating inflation has been a theme for the bulls in recent reports and we will see if that continues with the CPI on Thursday and the PPI on Friday. After these reports the macro will take a backseat and earnings will fully take the show in the coming weeks.

Jerome Powell will also be before the Senate Banking Committee on Tuesday and the House Financial Services Committee on Wednesday. Powell has been a vocal dove for the bulls all year long and unlikely to break form here. It will be interesting to see if he hints at when rate cuts are expected if pressed by elected officials.

With something happening every day this week it is not exactly easy to plan around any one event! We will be there each day on the Halftime Report to help navigate this busy week! Have a fantastic Monday!

Chart of the Day: S&P 500 (SPY)

The S&P 500 has been one of the most consistent trends in the market. This is exactly what you want to see if you are a bull. Earnings will play a big role on whether we take another leg up in the short-term.

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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