All About Earnings Now
The market does it again… another dip and rip for a new ATH. With bulls being in complete control, and a stacked tech earnings schedule ahead, this might just be the beginning of another melt up. As of now, earnings are being rewarded with good reactions. If this upcoming earnings schedule delivers good results, the market could easily continue its bull run. If somebody big disappoints, I’ll be looking for another reversion to the mean. VIX levels of 16 and 20 can be used as a tremendous compass for predicting direction. Also have to deal with FOMC and Fed Powell this upcoming week. Patience will pay at these levels, but the market is presenting consistent opportunities. For this upcoming week I will be dialed in on ROKU, GOOGL, SQ, NVDA, ZM.