It is going to be a light week on the earnings and economic report front with the monthly Unemployment Report being the key highlight this week. While earnings, economic reports and rumors of stimulus will certainly be worth following, the real battle in the market continues to be the technical battle that has been center stage the last three weeks. Price bounced off support levels near the end of the week and that short-term bullish momentum carried over into the futures market last night. How will price respond to short-term resistance levels? We will soon find out and naturally will be analyzing the charts all week long in our live content.
Events This Week:
Economic Reports and Political Events This Week
- Tuesday – First Presidential Debate
- Thursday – Jobless Claims; Personal Income and Outlays Report; ISM Manufacturing Index
- Friday – Monthly Unemployment Report
Earnings
- Monday – United Natural Foods (UNFI), Cal-Maine Foods (CALM)
- Tuesday –Micron (MU) and McCormick (MKC)
- Wednesday – Bed Bath & Beyond (BBBY), PepsiCo (PEP), Conagra Brands (CAG) and Constellation Brands (STZ)
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
| The number of companies reporting earnings continues to be light but we have a few notable names this week including Micron (MU) and Pepsi (PEP). |
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Video of the day
7 Step Guide to Trading
New to Trading? Need a foundational refresher? Checking out of our best free products, the 7-Step Guide to Trading to get a glimpse into the fascinating world of trading.
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.
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