Monday Market Must-Knows: January 15, 2024
Last week saw a significant event in the approval of 11 spot Bitcoin ETFs, signaling a positive shift in the digital asset space.
Earnings season kicked off on Friday, with 119 companies reporting this week, including major banks like Goldman Sachs and Morgan Stanley. The focus on financial companies continues throughout the week, contributing to potential market volatility. Additionally, attention turns to economic indicators, with retail sales data on Wednesday, influencing the Fed's discussions on potential rate cuts. The week also features key manufacturing indices—Empire State on Tuesday and Philly Fed on Thursday—providing insights into job activity. Investors are advised to monitor these developments closely, especially in the context of the evolving crypto landscape. As always, if you’re in the markets, make sure you have a trade plan. Join us for a FREE introductory class. Learn about tools & rules for trading with confidence-so you can stay one step ahead of market volatility. Stay Informed, Start Knowing Today!