Tackle Today: Events in the Market This Week
April 19, 2021
Always Stay Informed
Markets down a smidge to start the week after a very strong start to the month of April. Fed support, lower yields helping tech, stimulus checks, a potential infrastructure bill, retail sales, successful vaccine distribution in the US and solid earnings reports so far have all have helped play their part in adding to the bullish sentiment creating a monster three-week rally. Earnings will be in focus this week and the coming couple of weeks and should be the main story line in the short-term. While strong, this market is different then 2020 so be sure to be aware when earnings are on companies you have positions on. Have a wonderful week and as always, we will be here all week long breaking down all of the action on our live shows.
Key Economic Reports This Week
- Thursday – Jobless Claims, Existing Home Sales
- Friday – New Home Sales, PMI
Earnings
- Monday April 19 – Cola-Cola (KO), IBM (IBM) and United Airlines (UAL)
- Tuesday April 20 – Johnson & Johnson (JNJ), Procter & Gamble (PG), Philip Morris International (PM), Abbott Labs (ABT) and Netflix (NFLX)
- Wednesday April 21 – Law Vegas Sands (LVS) Verizon (VZ), Chipotle (CMG) and Lam Research (LRCX)
- Thursday April 22 – AT&T (T), Tractor Supply (TSCO) Southwest Airlines (Luv), Dow (DOW), Intel (INTC), Mattel (MAT)
- Friday April 23 – American Express (AXP), Schlumberger (SLB) and Honeywell (HON)
IPOs Expected to Price This Week
- UiPAth (PATH)
- DoubleVerify (DV)
- NeuroPace (NPCE)
- Zymergern (ZY)
- KnowBe4 (KNBE)
Chart of the Day
Earnings This Week
Earnings season kicks off in full gear this week with no shortage of big-cap/big-name companies reporting this week. Eyes are always on earnings this week in the quarter and should be even more so with very little in the news to divert attention from this week’s reporrts. |
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Video of the day
The Collar
In a past Cash Flow Club Coach Tyler broke down the nuts and bolts of the Collar Trade which many traders use as a defensive measure to protect against the uncertainty of earnings season.
Today’s line up
Traders Lounge 11 AM EST
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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 you prepare for the week.
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