Markets are down this morning as we make our way into yet another trading week…
With the DOW and S&P closing at record highs Friday, today things are a little less glamorous as they both currently sit in the RED before this week’s opening bell.
The only glimmer of hope we have at this early stage is the NASDAQ which sits lonely yet proudly in the GREEN, currently up 0.09%. Yet, per usual, there’s plenty of upcoming events in the week ahead that are sure to change the data at this early stage in the trading week…
With that in mind, today we take a look at these future events that will attribute to market fluctuation in the days ahead to help you and your investments stay one step ahead of the game.
This Week’s Big Events…
We start this week off with a fresh batch of earnings reports as big names like Dish Network, AMC Entertainment and Tyson Foods all step up to the plate.
As the week continues on, more companies such as Sysco, Wendy’s, Ebay and the House of Mouse itself The Walt Disney Company all join the ranks of those posting earnings data in the days ahead.
Mid-week, all eyes will be on inflation and consumer data being released within the core CPI and consumer price index. This should come as no surprise to anyone following FED news updates recently as many on Wall Street continue to sit with bated breath as FED officials continue their long discussion on when to reinstate the nation’s pre-pandemic inflation rates.
… Wednesday will also see updates on the federal budget deficit, weekly mortgage applications and the Energy Information Administration’s weekly crude stocks.
Wrapping up the week the producer price index and initial and continuing jobless claims are highly anticipated events with economic data taking a focus Friday on U.S. import and export prices.
Learn More Here…
We’ve definitely seen busier weeks in the market sector, but don’t let this week’s short agenda comfort you too much as any one of this week’s expected events could manage to take its toll on your investments, for the good or bad.
As such, today we invite you to sit down with DTI founder and head trader Tom Busby as he takes a further look into the most recent market action and his plan for all of us to tackle the days ahead.
P.S. – Don’t forget to join Tom Busby for his most recent webinar where he sat down with viewers to share how they could turn a $0.10 trade into explosive gains!