U.S. stock futures are up slightly following the S&P 500’s best week of the year, as well as the Nasdaq’s rally thanks to Amazon’s strong earnings report — and more in Monday’s stock market recap.
It’s a light week for Federal Reserve data. The most important reports we’re following are the Consumer Price Index on Thursday and consumer sentiment on Friday.
It is, however, going to be a big week for earnings…
A little over half of the companies in the S&P 500 have reported so far, and about 80 more are due to report this week including Lowe’s Companies Inc. (NYSE: LOW), Pfizer Inc. (NYSE: PFE) and The Walt Disney Co. (NYSE: DIS).
On Monday, we also have analyst calls from industry leaders Apple Inc. (Nasdaq: AAPL) and Walmart Inc. (NYSE: WMT).
Meanwhile, shares of connected fitness equipment-maker Peloton Interactive Inc. (Nasdaq: PTON) are soaring on reports that Amazon.com Inc. (Nasdaq: AMZN) and Nike Inc. (NYSE: NKE) may be potential buyers.
In this morning’s stock market recap video, you’ll learn the key price levels for major indices this week… major resistance levels for Consumer Discretionary and Technology… the biggest news of the week that could impact market action… a global update on Japan and Ukraine… a deep look into sector analysis… plus the top and bottom stocks right now.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
The extreme volatility we’ve seen recently will become the new normal… for the next several years... Making it a massive opportunity for targeting pullback trades.
I discuss this at length with expert trader Tom Busby in my “2022 Buy Back Plan,” a complimentary training session to teach everyone how to target pullbacks for profits.
Stock Market Recap: By the Numbers
This morning’s stock market futures recap:
- Close: 35,089.74.
- Futures: 35,030.
- Change: +49.
S&P 500 (mini)
- Close: 4,500.53.
- Futures: 4,502.
- Change: +9.5.
- Close: 14,694.35.
- Futures: 14,726.25.
- Change: +41.25.
- Close: 2,002.36.
- Futures: 1,999.
- Change: +1.8.
Note: Updated as of 9:23 a.m. EST
To kick off the week, each Monday video will outline my weekly outlook and any actionable announcements, news or catalysts I’m watching. I’ll also outline exactly which opportunities I expect to unfold in the coming five trading days, so check out this short video for more information!
Need help understanding some basics that we discuss frequently? Check out some of our educational pieces to help get yourself up to speed! Have a question or a topic you’d like us to explain in a future article? Send your thoughts to firstname.lastname@example.org!
- What Is the Dow and How Does It Work?
- A Beginner’s Guide to the Nasdaq and How to Trade It
- What Companies Make up the S&P 500 and How Can I Trade It?
- What Is the VIX? Understanding Stock Market Volatility
- A Beginner’s Guide to Stock Sector Analysis and Relative Strength
- How to Pick Winning Stocks With Simple Market Analysis Tools
Check back each morning for Roger’s Radar and the most important news and numbers in the WealthPress stock market recap.