Tackle Today: The Week Ahead Oct 19, 2020 | Tackle Trading
It is going to be a busy week as earnings season starts to kick into full gear with names such as Tesla and Netflix among the many names that are reporting this week. Earnings to this point have been generally solid compared to expectations. Can this continue and build some momentum and excitement? On the stimulus front, stimulus talks look to either finalize or temporarily fade into the background until after the election with a Tuesday night deadline placed by House Speak Pelosi to come to an agreement on the next round of pandemic stimulus before the November 3rd election. The November election is 15 days away and as it draws closer you likely will have more and more people talking about what it potentially means for the markets.
Naturally we will be breaking down all of the action on our live shows this week and what it means to your trading and investing.
Events This Week:
- Monday October 19: IBM (IBM) and Halliburton (HAL)
- Tuesday October 20: Lockheed Martin (LMT), Procter & Gamble (PG), Philip Morris International (PM), UBS (USB), Snap (SNAP), Netflix (NFLX) and Travelers Companies (TRV)
- Wednesday October 21: Abbott Laboratories (ABT), Las Vegas Sands (LVS), Tesla (TSLA), Lam Research (LCRX), Chipotle (CMG) and Verizon (VZ)
- Thursday October 22: Coca-Cola (KO), AT&T (T), Intel (INTC), American Airlines Group (AAL), Mattel (MAT), Southwest Airlines (LUV)
- Friday October 23: American Express (AXP)
- Monday — Jerome Powell Speaks
- Tuesday — Housing Starts and Permits
- Thursday — Jobless claims — Existing Home Sales
Have a wonderful start to your week and email us if there is anything we can do to make your week better.
Chart of the Day
Earnings this week
Earnings season kicks off this week with a number of the major banks reporting earnings. In addition a few airlines, Johnson & Johnson and UnitedHealth report this week. Going to be fascinating to watch if a new theme emerges in the market!
Video of the day
How to Use Put Options as Insurance
Coach Noah explains what a Put Option is, how to and why you should use it as insurance.
Today’s line up
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Originally published at https://tackletrading.com on October 19, 2020.