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The Week Ahead: Here's What Will Affect the Markets

The Week Ahead: Here's What Will Affect the Markets

Update: 2021-02-01
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In our first of The Week Ahead series Christopher Versace and Lenore Elle Hawkins give us an 8 minute preview on what they are looking for to affect the markets this first week of February.


We close the books on the first month of trading and 2021 and it was a month that ended way differently than it started.
President President Biden coming out swinging into action with executive orders in his 1.9 trillion stimulus package.
Markets were also plagued by the trading and short covering associated for a select number of names GameStop, AMC, BlackBerry, that was all tied to a Reddit chat room.
While this past Thursday, jobless claims they did fall. But the prior week was actually revised up.
This past week, we've seen the entire value over growth trade post election has been completely unwound.
As we head into February, keep in mind that since 1950, so we're talking 70 years, February has been the worst monthly performance of any month of the year in a post election year for the s&p, NASDAQ, Russell and Russell 2000.
We've got roughly 600 companies reporting on earnings next week. Alphabet, Ford Motor and so many others.
According to MasterCard spending posted at us ecommerce sales grew 47% annually in the two month period november december 2020.






Related: Avoid Being Drawn Into Social Media-Fueled Stock Hysteria
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The Week Ahead: Here's What Will Affect the Markets

The Week Ahead: Here's What Will Affect the Markets

Douglas Heikkinen