This week series Christopher Versace and Lenore Elle Hawkins dive deep into the compexity of the markets — what happened last week and what are the key indictors this week.  All of these together will affect The Week Ahead.
 


Last week of January Dow & NYSE Composite closed below 50DMA. All 3 major averages, Dow, S&P, Nasdaq fell more than 3% on the week for the worst week since October.
We are halfway through earnings season and over 80% of the companies that have reported so far have beat their estimates. Sounds great right? 
The Market is now trading at nearly 20x on 2022 earnings and hinges on EPS growth of more than 15% in 2022
A lot of jubilation over the drop in jobless claims on Thursday, but ...
There is some concern over brewing supply constraints that could lead to some inflationary pressures. 
Where we are so far: 59% of S&P 500 companies have reports, including more than 20% this past week alone.
Watching Washington for progress on the Biden stimulus plan
Fallout to be had from the impeachment trial of President Trump. 


Resources: Tematica Research | Chris Versace | Lenore Hawkins

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