Earning Seasons Begins
Hello everyone! Today i want to share some technical analysis with you!
1.
Earnings Season Begins with Large Banks:
(1) several major banks line up to report their earnings tmrw, which will set up a sizable move--not trending day, but very jumpy.
(2) however, the real deals come at the end of this month, when $Tesla Motors(TSLA)$ , $Meta Platforms, Inc.(META)$ , $Microsoft(MSFT)$ , $Apple(AAPL)$ get together.
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2.
NYA gave the hint:
(1) among all key indexes, NYA--the New York Stock Composite Index, has the clearest pattern for the ongoing rebound.
(2) the divergence at daily time frame supports a sustained rally to retouch the trendline zone.
(3) a very positive reaction to CPI tmrw?
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