9 Minute Read

Tackle Today: The Week Ahead Oct 12, 2020

October 12, 2020

By | No Comments

It is going to be a busy week with stimulus talk, the beginning of earnings season and major conferences from Apple and Amazon. Banks highlight the start of earnings season and all 12 of the major banks are expected to show a profit. Overall, earnings is expected to be down -21% Y/Y in Q3 which would be an improvement from the -31% Y/Y we saw in Q2. Will lowered expectations and gradual improvement be enough to continue to wet the bulls appetite? We will soon find out. 

Three weeks ahead of the election and stimulus talks continue to dominate the headlines. Stimulus optimism has dominated the headlines in recent weeks sending the averages higher on almost a daily basis. With so little time left before the election can a deal be made? Will it even matter to the market before the election? So many questions this week and we will be here all week in our live shows to help break down the information. 

Events This Week:


  • Tuesday: BlackRock (BLK), Citigroup (:C), JPMorgan Chase (JPM), Delta Air Lines (DAL), Johnson & Johnson (JNJ) 
  • Wednesday:  Bank of America (BAC), Goldman Sachs (GS), PNC (PNC), Progressive (PGR), U.S. Bancorp (USB), UnitedHealth (UNH), United Airlines (UAL) and Wells Fargo (WFC) 
  • Thursday: Charles Schwab (SCHW), Morgan Stanley (MS), Walgreens Boots Alliance (WBA) 
  • Friday: Bank of New York Mellon (BK) and J.B Hunt Transport (JBH)  


  • Amazon Prime Day shopping event will run from October 13-14
  • Apple event: Apple (AAPL) is giving the first look at the iPhone 12 in an event called “Hi, Speed” on October 13.  

Economic Events

  • Tuesday: CPI Report
  • Thursday: Jobless Claims
  • Friday: Retails Sales, Industrial Production

Have a wonderful start to your week and email us if there is anything we can do to make your week better.

Chart of the Day

Earnings this week

Earnings season kicks off this week with a number of the major banks reporting earnings. In addition a few airlines, Johnson & Johnson and UnitedHealth report this week. Going to be fascinating to watch if a new theme emerges in the market! 

Video of the day

Post-Earnings Collar Trade

Earnings season is upon us and there are many strategies that some traders use before and after earnings. Watch this section each Monday for another earnings related strategy. 

Today’s line up

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 Matt and Tim can deliver.

Weekend Reports

Watch the Stock, Options, Commodity and Forex Reports to help yo 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

The Tackle Today series is brought to you by Tackle Trading.

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.

Sign up now for a 15-DAY FREE TRIAL #

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 involve 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 advisors, to determine whether such trading or investment is appropriate for that user.

Leave a Reply

Chart Modal

Tackle Trading