Tackle Today: What’s Happening In the Markets This Week Nov 30, 2020.
November 30, 2020
Resistance levels are holding on broad markets to start the week. Technical analysis is always important in our trading decisions and after a stellar month of November it will be interesting to see if price can break through resistance in the coming weeks. Catalysts that exist this week include the monthly unemployment report on Friday, Jerome Powell speaking on Tuesday and Wednesday, early holiday sales numbers and of course any developments with Covid-19 and vaccines. Here are the key economic events and earnings for the coming week.
Events This Week:
Key Economic Events This Week
- Monday – OPEC is expected to agree on relaxing the current production quotas at a meeting on November 30-December 1.
- Tuesday: Jerome Powell Speaks
- Wednesday: Jerome Powell Speaks
- Thursday: Jobless Claims
- Friday: Unemployment Report
Earnings
- Monday – Zoom Video (ZM)
- Tuesday – Momo (MOMO), Box (BOX) Salesforce.com (CRM)
- Wednesday –Snowflake (SNOW), Splunk (SPLK)
- Thursday – Kroger (KR), Dollar General (DG), Marvell Technology (MRVL), Cloudera (CLDR)
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
| A light week in earnings with a few interesting names ireporting this week including Zoom (ZM), Salesforce.com (CRM), Kroger (KR) and Snowflake (SNOW). |
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Video of the day
Build an Investment Portfolio
In case you missed it, Check Out Coach Tyler’s special YouTube webinar on How to Build and Investment Portfolio. This was a great webinar on how to approach this basic, yet extremely important topic.
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 yo prepare for the week.
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