Always Stay Informed
The Dow and S&P 500 start the week at all-time highs as April has started off with a bang. April tends to be one of the best performing months in the stock market and it hasn’t disappointed us so far. Aside from seasonality, sentiment has shifted favorably over the last week. Progress concerning the vaccine rollout and the prospects of further stimulus have been supportive of prices and the infrastructure bill and recent economic data have been robust. On top of that, earnings season is right around the corner and the last couple of earnings seasons have been stellar. While stories can shift quickly in the market there is very little happening this week (economic reports, earnings) to create catalysts to shift current sentiment (although Jerome Powell speaks on Thursday which should always be watched). Be sure to continue to check out The Huddle on Tackle Trading to see if there are any developments during the week.
Notable Earnings This Week
- Wednesday April 7th –Carnival (CCL)
- Thursday April 8th – Conagra Brands (CAG)
IPOs Expected to Price This Week
- Inspira Technologies Oxy B.H.N.
Key Economic Events This Week
- Wednesday April 7th – Fed Minutes
- Thursday April 8th – Jobless Claims
- Thursday April 8th – Jerome Powell Speaks
Chart of the Day
Earnings This Week
| The next earnings season is just around the corner and while there are always a few companies that report every week, the next two weeks will be really light as we await for next cycle to start |
|---|
Video of the day
Fundamental Analysis
Fundamental analysis is one of four pillars that we need to learn to ensure that our trading foundation is rock solid. Essentially, Fundamental Analysis is a system of comparing the valuation of one company versus another. There are a million different metrics we could use to compare companies but we are going to focus on a chosen few that have served me and my peers well in their investing and trading lives. We must remember we need a thorough understanding of the business we are in but that doesn’t mean we need to know every detail of every aspect of the business.
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 you prepare for the week.
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.
