Earnings season has approached, and this week starts earnings for big tech.
Notable earnings this week:
Microsoft (MSFT) and Texas Instruments Incorporated (TXN) both report after the close on Tuesday, January 24th.
On Wednesday, Boeing (BA) earnings will be reported before the market open. Earnings on Lam Research Corporation (LRCX), Tesla (TSLA), and Service Now (NOW) will be reported after the bell on Wednesday afternoon.
Earnings change market conditions and create opportunities, so be aware of these reports.
Economic Data:
On Tuesday, the Eastern Purchasing Managers’ report will be released at 9:45 a.m. Eastern.
Jobless Claims will be reported at 8:30 a.m. Eastern, followed by Home Sales at 10 a.m. Eastern on Thursday.
On Friday, the Personal Consumption Expenditures Price Index (PCE) will be released at 8:30 a.m. Eastern, followed by the Umich Consumer Sentiment Index at 10:00 a.m. Eastern.
Check out the video above for a breakdown of my critical levels on /ES and possible setups on names reporting earnings.
Stay Focused!