Back to top

Traders Prepare For A Slew Of Earnings This Week

Read MoreHide Full Article

The Nasdaq 100 is trading at a record high today, while the S&P 500 sits at less than half a percent off its February highs. These two indexes are sauntering higher today on low volume, while the Dow 30 slides marginally.

Retail Apocalypse "winners" are going to be putting the lofty stock prices to the test. Walmart (WMT - Free Report) & Home Depot (HD - Free Report) both blew estimates out of the water this morning, but price action was mixed. Lowe's (LOW - Free Report) , TJX Companies (TJX - Free Report) , & Target (TGT - Free Report) report before the bell Wednesday (August 19th)

Traders are also gearing up for a few exciting tech earnings from stocks that have seen some extraordinary gains. Sea Limited (SE - Free Report) surged over 11% this morning following a Q2 revenue explosion after already producing returns of over 235% in 2020. Nvidia (NVDA - Free Report) , which surged over 150% from its March lows, is reporting on Wednesday (August 19th). Alibaba (BABA - Free Report) , the Amazon of the East, is releasing its quarterly report on Thursday morning (August 20th).

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>

Published in