Earnings Season is Coming! What to look out for? 07.07.24

Prepping For The Next Move

Author

Simplify Wall Street
July 07, 2024

In partnership with

Happy Sunday! 😀 

Stay ahead of Wall Street! Enjoy your morning reading!
Check out our fabulous sponsor today!

This cannabis startup pioneered “rapid onset” gummies

Most people prefer to smoke cannabis but that isn’t an option if you’re at work or in public.

That’s why we were so excited when we found out about Mood’s new Rapid Onset THC Gummies. They can take effect in as little as 5 minutes without the need for a lighter, lingering smells or any coughing.

Nobody will ever know you’re enjoying some THC.

We recommend you try them out because they offer a 100% money-back guarantee. And for a limited time, you can receive 20% off with code FIRST20.

Any ad you see from SWS is a product/service we have used, tested, or believe has true value in finance and economics.

Stay Informed.

Stock market’s upcoming earnings season may delay ‘overdue’ pullback for S&P 500

Stock market's upcoming earnings season may delay 'overdue' pullback for S&P 500

Earnings Season

www.morningstar.com/news/marketwatch/20240706280/stock-markets-upcoming-earnings-season-may-delay-overdue-pullback-for-sp-500

Why have we been bullish?

  1. Like it or not, Trump is in the lead for the next Presidency. The market is bullish on Trump

  2. You have to be able to read momentum. Some companies have announce good news after good news and CPI data has shown that the inflation issues have been ‘modest’. https://www.youtube.com/watch?v=a7mhY02w9kA

  3. From a orderflow/technical aspect, when you see bad news hit the internet, and the market has a couple down days search for the winners. The winners like AVGO, NVDA, TSLA, AMZN, PLTR etc. all show you that the “sky is not falling”

More details is premium section. (Scroll lower or upgrade)

Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal

Fed says it's not ready to cut rates until 'greater confidence' inflation is moving to 2% goal

The Federal Reserve on Wednesday released minutes from its June 11-12 meeting.

www.cnbc.com/2024/07/03/fed-minutes-fomc-not-ready-to-cut-rates-until-greater-confidence-inflation-is-moving-to-2percent-goal.html

The Fed is winning its battle against inflation. So why isn’t it cutting rates?

The Fed is winning its battle against inflation. So why isn’t it cutting rates? | CNN Business

Legendary baseball coach and player Frank Robinson famously said, “Close only counts in horseshoes and hand grenades.” The Federal Reserve is living by that precept.

www.cnn.com/2024/06/11/economy/fed-inflation-when-rate-cut/index.html

Economic Calendar & Big Movers

Earnings expectations are driving the divergence between U.S. and European equities: More on this Here

Some general education when trading or investing during Earnings Season!

Strategies for Quarterly Earnings Season

These strategies can help you understand and utilize the information that companies release during earnings season.

www.investopedia.com/articles/stocks/06/quarterlyearningsstrategies.asp#:~:text=Watch%20Those%20Estimates,-A%20company's%20ability&text=If%20a%20company%20falls%20short,is%20probably%20doing%20something%20right.

Premium Levels are for paid subscribers.

Subscribe to the Wall Street Club to read the rest.

Did you know? Over 70% of entrepreneurs tap into stock market gains to build wealth and reinvest in their businesses.

Already a paying subscriber? Sign In.

A subscription gets you:

  • • Sector-Specific Analysis: Weekly updates will show industry shifts and stock leaders.
  • • In-depth insights on sectors like technology, healthcare, and energy, covering performance trends, ETF news, and top- and under-performing stocks.
  • • Focusing on Stocks, ETF's, Options and Futures

Reply

or to participate.