ย 

It's Been Real Toasty ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿž

Updated: Mar 6, 2021

Hi friends,

It's time to cool off those engines as markets ran quite hot in the last week. The S&P 500's SPY ETF broke roughly 2 standard deviations from its moving average last week and reversed course towards the last couple of days:

  • Dow Jones 30: 30,814.26 (-0.91%, year-to-date: 0.68%)

  • S&P 500: 3,768.25 (-1.48%, year-to-date: 0.32%)

  • Nasdaq: 12,998.50 (-1.54%, year-to-date: 0.86%)

ย 

Buckle up; earnings are revving up again. Here's what's coming up this week:

  • BAC (19th Jan 2021)

  • CMA (19th Jan 2021)

  • GS (19th Jan 2021)

  • HAL (19th Jan 2021)

  • JBHT (19th Jan 2021)

  • NFLX (19th Jan 2021)

  • SCHW (19th Jan 2021)

  • STT (19th Jan 2021)

  • ZION (19th Jan 2021)

  • BK (20th Jan 2021)

  • CFG (20th Jan 2021)

  • DFS (20th Jan 2021)

  • FAST (20th Jan 2021)

  • KMI (20th Jan 2021)

  • MS (20th Jan 2021)

  • PG (20th Jan 2021)

  • UAL (20th Jan 2021)

  • UNH (20th Jan 2021)

  • USB (20th Jan 2021)

  • BKR (21st Jan 2021)

  • CSX (21st Jan 2021)

  • CTXS (21st Jan 2021)

  • FITB (21st Jan 2021)

  • IBM (21st Jan 2021)

  • INTC (21st Jan 2021)

  • ISRG (21st Jan 2021)

  • KEY (21st Jan 2021)

  • MTB (21st Jan 2021)

  • NTRS (21st Jan 2021)

  • PBCT (21st Jan 2021)

  • PPG (21st Jan 2021)

  • SIVB (21st Jan 2021)

  • STX (21st Jan 2021)

  • TFC (21st Jan 2021)

  • TRV (21st Jan 2021)

  • UNP (21st Jan 2021)

  • CCL (22nd Jan 2021)

  • HBAN (22nd Jan 2021)

  • KSU (22nd Jan 2021)

  • RF (22nd Jan 2021)

  • SLB (22nd Jan 2021)

ย 

The Goldman Sachs Group, Inc (GS)


Be mindful of corrections; especially since all major market indexes went on a slight correction the last week. Despite this, Goldman Sachs went on a tear the last week, looking at a situation where it may be overbought. It hit its all time closing high on Thursday of the past week. Seems like there's a big appetite for big banks.



Annual Top-Line Revenue:

  • 2015: $8.45B

  • 2016: $9.69B

  • 2017: $13.11B

  • 2018: $19.68B

  • 2019: $21.74B


Last 4 Earnings Result:

  • Beat

  • Beat

  • Beat

  • Miss


Historical Stock Returns:

  • 3-month: 45.14%

  • 1-year: 20.29%

  • 5-year: 91.04%


For a large, storied company to more than double its revenue in less than half a decade is no easy feat. Keep an eye on GS's earnings this coming week.

ย 

Who's in the same space as Goldman Sachs?


Big banks are essentially like the clash of the titans. They're up against Wells Fargo, HSBC, JP Morgan Chase, and Bank of America.

ย 

Discord Launched!


Just as a PSA, we released our discord channel! Log in and go to the dashboard at www.calltoleap.com/courses and scroll to the bottom of the page for instructions on how to get plugged into the community.


If you're a paid subscriber, remember to check in on positions in the wheel in your dashboard or in the course pages! Until next time!


- Call to Leap Team


This article is strictly the opinion of the author and is to not be considered financial/investment advice. Call to Leap LLC and the author of this article does not claim to be a registered financial advisor (RIA) or financial advisor. Please visit our terms of service and privacy policy before reading this article.

ย