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Tackle Today: What’s Happening In the Markets This Week This Week Feb 8th, 2021.

February 8, 2021

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Markets will try to build on a stellar week in the markets where the markets hit all-time highs. As the volatility from the GameStop saga subsided the markets wasted no time recouping losses on their way to all-time highs with stimulus and earnings tailwinds at its back. Those tailwinds could very well continue in coming weeks as the trend is still in place and the technicals of the market very constructutive…if a bit extended. There is very little on the earnings and economic event calendar this week although there are a few notable names on the earnings calendar. Should be another great week of trading! 

Key Earnings This Week

  • Monday – Hasbro (NASDAQ:HAS) and Take-Two Interactive Software (NASDAQ:TTWO)
  • Tuesday – Canopy Growth (CGC), Twitter (TWTR), Lyft (LYFT)
  • Wednesday –Coca-Cola (KO), General Motors (GM), Uber (UBER)
  • Thursday – Disney (DIS), PepsiCo (PEP), Expedia (EXPE)
  • Friday – Dominion Energy (D) 

IPOs Expected This Week

  • Adagene Inc. (ADAG)
  • Viant Technology (DSP)
  • Bumble (BMBL)
  • Apria (APR)
  • Signify Health (SGFY)
  • AFC Gamma (AFCG)
  • Vallon Pharmaceuticals (VLON) 

Economic Events

  • Wednesday – CPI Report, Jerome Powell Speech
  • Thursday – Jobless Claims

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

Earnings season continues in the last heavy weeks of earnings for this cycle. While there will be companies report every week until the next earnings cycle after this week this one is in the books for the most part. 

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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