Markets are up to start the week on the back of the stimulus bill being signed. This is going to be an EXTREMLY light news week with no IPOS scheduled, very few earnings reports and a light economic calendar. New themes will emerge in 2021 but to close out the year in 2020 the charts and technical analysis will be your guide…and many would say that is exactly the way it should be!
Key Events This Week:
Economic Calendar
- Thursday – Jobless Claims
Earnings
- Monday – SINA (SINA) and Weibo (WB)
IPOS
- No new IPO pricing are expected during the last week of the year.
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
BITCOIN
| In what was the largest gap up in Bitcoin history, Bitcoin is flirting with 28,000 and showing no signs that this remarkable end of the year run is slowing down. |
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Video of the day
Trade Masters
In case you missed it, Check Out Coach Greg, Tyler and Mark discuss swing trading and trading setups in last week’s special Trade Masters webinar.
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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