Could Upcoming Earnings Season Be a Market Turning Point?
Earnings season begins in earnest when large banks such as JP Morgan Chase & Co. (JPM – Get Rating) Morgan (JPM) and key companies such as Netflix (NFLX) and IBM (IBM) reporting third-quarter results next week.
With stocks stalling just below all-time highs and essentially where they were 18 months ago, the next few weeks could make or break whether the market can finally establish a new and sustainable bull leg higher, or rollover into a potential bear market.
Right now, with… Continue reading at StockNews.com
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