It’s time once again for another DTI Week Ahead Outlook and right on time too as the week ahead promises to yet again present us with an overabundance of market related content that could very well impact our trading strategies in the near future.
A Week of Earnings
The death of brick-and-mortar retailers is no secret in the retail sector. And as the reign of the online store only continues to expand, many investors are asking themselves just how long big-name box stores can last in the 21st century…
The week ahead promises to bring a few answers to these market queries as popular on-site retailers like Walmart and Target as well as hardware box stores like Home Depot and Lowe’s are joining the list of companies expected to release their earnings data this week.
This week’s earnings data isn’t only in the retail sector, however as big automotive names like General Motors and Ford are also in the lineup to share their recent earnings to give investors perspective on the company’s health during the early part of 2021.
Big News from FORD
The fun doesn’t stop there for Ford Motor Company this week, however as after an expected visit from President Biden, Ford is set to unveil the plans for its upcoming all electric F-150 Lightning which is set to go into production as early as next Spring.
The Ford F-150 Lightning will be Ford’s biggest step into the electric vehicle sector to date and many Ford execs and investors can’t help but wonder if the company’s move into E.V. will be able to rekindle some of that mid 60’s magic when the company took another one of their historic first steps… the release of the Ford Mustang. Can the company do it again? Only time will tell…
Tax Day 2021
As Investors await the release of the above-mentioned earnings info during the days ahead, many start their week off by finalizing their tax forms as Monday brings the postponed 2021 Tax Day.
While many American’s have more than likely already filed, the remaining tax procrastinators are sure to have a busy day to begin their week.
Gates Goes Public
And if you’re in the mood for a little market gossip… Tuesday Microsoft co-founder Bill Gates is expected to give a speech at the U.S. Chamber of Commerce’s Inaugural Global Forum on Economic Recovery. This marks Gates’ first public outing since announcing his split from longtime wife of 27 years, Melinda Gates.
While the outing will more than likely consist of economic dialogue only, many are eager to see the tech billionaire make his first official public appearance after weeks of self-isolation.
Biden Expecting a Visit From South Korea
Finally, wrapping up the week’s agenda, President Biden is set for another meeting. This time with South Korean president Moon Jae-in. Officials hope that this public meeting will only solidify the relationship between the U.S. and it’s Korean ally as South Korean neighbor, and North Korean Supreme Leader, Kim Jong-un only continues to approve ballistic missile tests as any hopes of positive relations that were breached during the Trump administration appear to be dwindling in the early days of the Biden White House.
Learn More Here…
Every week seems to bring its own set of difficulties to the market and the U.S. economy as a whole. As such, it’s always a good idea for investors to keep abreast of global happenings as these are the events that routinely manage to influence the markets on a daily basis.
As such, we here at DTI are always glad to have investors like you join our Week Ahead Outlook broadcast as DTI founder and head trader Tom Busby sits down to relay his take on the days ahead and how his 40 plus years of market experience are helping him maneuver through this ever-changing investment environment.
P.S. – Don’t forget to check out the newest Profit Cycles program as market expert Jack Carter helps you discover one of the easiest ways to profit from this uncertain market!