The Week Ahead May 9, 2021

May 9, 2021 | The Week Ahead

  • The week ahead will see a drop off with earnings reports however there are some notable companies reporting
  • Some companies reporting are on the Trade Ideas Sheet:  BABA, JD, DIS
  • Elon Musk was on Saturday Night Live and called Dogecoin a "hustle" causing a 40% drop
  • Equity bullish sentiment remains elevated to extreme
  • Commodity bullish sentiment remains extreme
  • The US Dollar bullish sentiment dropped to 20% bulls
  • Economic data will focus on inflation readings and retail sales
  • Have a great week and Happy Mother's Day to all the moms