Tackle Today: Events in the Market This Week | Tackle Trading

4 min readApr 19, 2021

Always Stay Informed

Markets down a smidge to start the week after a very strong start to the month of April. Fed support, lower yields helping tech, stimulus checks, a potential infrastructure bill, retail sales, successful vaccine distribution in the US and solid earnings reports so far have all have helped play their part in adding to the bullish sentiment creating a monster three-week rally. Earnings will be in focus this week and the coming couple of weeks and should be the main story line in the short-term. While strong, this market is different then 2020 so be sure to be aware when earnings are on companies you have positions on. Have a wonderful week and as always, we will be here all week long breaking down all of the action on our live shows.

Key Economic Reports This Week

Thursday — Jobless Claims, Existing Home Sales
Friday — New Home Sales, PMI

Earnings

Monday April 19 — Cola-Cola (KO), IBM (IBM) and United Airlines (UAL)
Tuesday April 20 — Johnson & Johnson (JNJ), Procter & Gamble (PG), Philip Morris International (PM), Abbott Labs (ABT) and Netflix (NFLX)
Wednesday April 21 — Law Vegas Sands (LVS) Verizon (VZ), Chipotle (CMG) and Lam Research (LRCX)
Thursday April 22 — AT&T (T), Tractor Supply (TSCO) Southwest Airlines (Luv), Dow (DOW), Intel (INTC), Mattel (MAT)
Friday April 23 — American Express (AXP), Schlumberger (SLB) and Honeywell (HON)

IPOs Expected to Price This Week

Chart of the Day

Earnings This Week

Earnings season kicks off in full gear this week with no shortage of big-cap/big-name companies reporting this week. Eyes are always on earnings this week in the quarter and should be even more so with very little in the news to divert attention from this week’s reporrts.

Video of the day

The Collar

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Originally published at https://tackletrading.com on April 19, 2021.