Netflix, Blue-Chip Earnings Headline Shortened Week

Markets will be closed on Monday for the holiday

Digital Content Manager
Jan 16, 2020 at 1:15 PM
facebook twitter linkedin


Despite Monday's market closure in honor of the Martin Luther King Jr. holiday, it's shaping up to be a busy week ahead. For starters, traders can expect quarterly reports from blue chips American Express (AXP), IBM (IBM), Intel (INTC), Johnson & Johnson (JNJ), Procter & Gamble (PG), and Travelers (TRV). FAANG name Netflix (NFLX) will also step into the earnings arena. On the economic calendar, the Chicago Fed National Activity index will be scrutinized early in the week, while the Markit manufacturing Purchasing Managers’ Index (PMI) will be released on Friday. 

Below is a brief list of some key market events scheduled for the upcoming week. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

On Monday, Jan. 20, markets will be closed for the Martin Luther King Jr. holiday. 

On Tuesday, Jan 21 the economic calendar is looking sparse, but several big names will step into the earnings confessional, including IBM, Capital One Financial (COF), Haliburton (HAL), Las Vegas Sands (LVS), NFLX, TAL Education (TAL), TD Ameritrade (AMTD), and United Airlines (UAL). 

 Wednesday, Jan. 22, will bring data from the Chicago Fed National Activity Index, weekly crude inventories, and existing home sales. Earnings season will come roaring in with reports from Johnson & Johnson, Abbott Laboratories (ABT), Citrix Systems (CTXS), Fifth Third (FITB), Steel Dynamics (STLD), Teradyne (TER), and Texas Instruments (TXN). 

Thursday, Jan. 23, will bring weekly jobless claims data, as well as the Conference Boards index of leading economic indicators for December. On the earnings docket will be Procter & Gamble, Travelers, Intel, American Airlines (AAL), Atlassian (TEAM), Comcast (CMCSA), E*TRADE Financial (ETFC), Freeport-McMoRan (FCX), Huntington Banc (HBAN), JetBlue Airways (JBLU), KeyCorp (KEY), Skyworks (SWKS), Southwest Air (LUV), and Union Pacific (UNP).

Data on the Markit manufacturing Purchasing Managers’ Index (PMI) and the Markit's services PMI is due out on Friday, Jan. 24. For earnings, traders can expect reports from American Express, Hill-Rom (HRC), and Synovus Financial (SNV). 

 

Minimize Risk While Maximizing Profits

There is no options strategy like this one, which consistently minimizes risk while maintaining maximum profits. Perfect for traders looking for ways to control risk, reduce losses, and increase the likelihood of success when trading calls and puts. The Schaeffer’s team has over 41 years of options trading success targeting +100% gains on every trade. Rest assured your losses are effectively limited to your initial cost at the time of making your move! Don't waste another second... join us right now before the next trade is released! 

 


 


 
Special Offers from Schaeffer's Trading Partners