The markets are in the green as we enter into yet another trading week… With the S&P, the NASDAQ, and the DOW all up as the markets open Monday, many traders are eager to get their feet wet yet again in a market that looks to have profitable potential.
To make sure you are able to start your trading week off as informed as possible, ready and able to take advantage of whatever opportunities may present themselves in the upcoming days, today, we’re giving you a summary of some of the biggest market events that are expected to occur this week.
Starting the Week Off…
If you’ve had time to read our previous Weekly Update postings, it will more than likely come as no surprise to you that this week, as with most weeks prior, is full of earnings data. This week, we look at data being released from several big companies across the U.S. such as Gamestop and AMC Entertainment as well as some food favorites, including Jack in the Box and Krispy Kreme.
As the week moves along, Wednesday, former president Donald Trump is scheduled to make an appearance at the U.S. – Mexico border accompanied by Texas governor Greg Abbott.
This visit comes just days after Trump made his first post-presidency campaign stop in Wellington, Ohio to show his support for former White House aide Max Miller who has recently launched a primary challenge against Representative Anthony Gonzalez, one of the ten House Republicans who voted to impeach Trump after the January 6th attack on the U.S. Capitol.
During the speech, Trump touted that his making an appearance at the border has forced Vice President Kamala Harris to do her job and make her own appearance at the border. Something that the V.P. had yet to do since being given the responsibility of maintaining order at the U.S. southern border after the recent influx of immigrants after Biden’s election.
Wrapping Things Up…
Wrapping up the week, Ford Motor Company is expected to release its earnings and July jobs reports and Royal Caribbean heads back out to sea as their fleet sets sail from U.S. ports yet again following their year-long Covid-19 hiatus.
As vaccines are given and people return to a sense of normalcy, Royal Caribbean officials believe travel demand will go up as many work to resolve their recent quarantine cabin fever.
Learn More Here…
With the week ahead looking to bring us yet another batch of trading opportunities, we invite you to join DTI founder and Tom Busby now as he dives in to his expectations and plan of action for this week.
P.S. – Don’t forget to check out market pro Jack Carter’s most recent FREE WEBINAR to discover how this former hedge fund manager is able to harness an incredible market force to consistently pick high-probability stocks every week!