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 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.
Watch the Stock, Options, Commodity and Forex Reports to help you prepare for the week.
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