We’re at the start of a brand-new trading month and most investors are hoping to put all the negative energy of the past two months behind them.
For those hopeful traders, things are looking bright this Monday morning as futures are all sitting in the GREEN as the markets prepare to open for the day ahead.
As we’ve all learned, however, the events of the week ahead could most definitely make a serious impact on this morning’s good news, dashing all those hopes aside as the week moves on.
JOIN US TODAY as we discuss the events of the week ahead that could have a major impact on these markets and your investments in the days ahead…
The Week in Review
Things are expected to start off with a bang this Monday as President Biden heads to Glasgow, Scotland to attend the World Leader Summit. – An event expected to kick off the COP26 climate change gathering.
In the world of earnings, PG&E and Clorox are both expected to share their latest earnings data with eager investors.
The list of companies reporting earnings doesn’t stop there this week, however, as Tuesday and Wednesday’s lineup includes the likes of Ferrari, Pfizer, Ralph Lauren, ConocoPhillips, CVS Health, T-Mobile, FOX Corp, MGM Resorts, Hyatt Hotels, Roku and many more as the days continue.
More big news coming our way Wednesday includes FED Chair Jerome Powell holding his most recent press conference following the release of the FOMC decision.
As we enter into Thursday, the earnings fun continues on with big names like Kellogg, Moderna, Nikola Corp, Wayfair, Airbnb, Pinterest, Uber Technologies and more all join this week’s massive list of companies releasing their latest reports.
Finally, Friday, probably the most anticipated event of the week, the release of the October jobs report will be released to the general public.
Officials believe the report will show employers were able to add 413,000 jobs last month, though this would not be the first time their estimations were off should things take a turn for the worse.
The September jobs report reported a measly 194,000 new jobs, a big letdown for economists who had originally made estimates considerably higher than what was eventually reported.
As for the unemployment rate, officials are expecting it to fall to 4.7% from the previously reported 4.8% in September.
Friday will also see earnings reports from names such as AMC Networks, Cinemark Holdings, Goodyear Tire & Rubber and more.
Learn More Here…
The week ahead is absolutely full of earnings and events that are sure to sway these volatile markets one way or the other in the days ahead.
As such, we encourage you to continue to stay on top of this ever-changing market by joining DTI founder and head trader Tom Busby for his latest broadcast where he sat down to relay to you his take on the days ahead and ways he’s preparing for us all to work to try to profit in the days ahead.
P.S. – Clear your calendars folks because TODAY at 8pm ET, I’m sitting down in my latest webinar to reveal to you the details of my favorite trade for the days ahead!