A Slave to Headlines Without Earnings

Given we are several weeks away from the 90 day treadmill called earnings, we are stuck with headlines for short term market direction as investors look for clues.

The quiet period (30 days before earnings, in which companies do not mention their expectations) prior to earnings, which are about 3-4 weeks away, are generally a period of time that markets can be tugged dramatically either direction easily given some type of headline of the day.

We will be watching for pre-announcements, which are companies forced to come out due to greatly better, or worse, expectations. Until we get to earnings, or other items,  see post Merger Monday’s Again–Maybe,  markets will most likely be tugged by overseas market movements and economic reports.


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