Reply To: Traders Market Weekly: Eyes on Powell and Adani Risks


Tuesday – January 31

Earnings watch – Notable companies due to report include Exxon Mobil (XOM), General Motors (GM), UPS (UPS), Pfizer (PFE), Caterpillar (CAT), McDonald’s (MCD), Amgen (AMGN), AMD (AMD), Electronic Arts (EA), and UBS (UBS). Options trading implies a double-digit swing up or down when Snap (SNAP) and Super Micro Computer (SMCI) report.

M&A watch – The walk deadlines hit for the acquisition of F-star Therapeutics (FSTX) by invoX Pharma (OTCPK:SBHMY) and for the proposed merger between Rogers Communications (RCI) and Shaw Communications (SJR).

All day – Sports betting will officially be legal in Massachusetts. Wynn Resorts’ (WYNN) Encore Boston Harbor, MGM Resorts’ (MGM) MGM Springfield, and Penn Entertainment’s (PENN) Plainridge Park all landed the Category 1 sportsbook licenses that will allow legal in-person sports betting.

All day – Shareholders with Lionheart III Corp (LION) will vote on taking sustainable supply chain player Security Matters public in a SPAC deal.