Will Next Weeks’ Earnings Cause The Market To Sell Off?
I think so, as I believe the market has been “buying the rumor” and will now “sell the news”. With big names like Apple, IBM, Goldman Sachs, Wells Fargo, Bank of America, JPM, and several more, then odds of all of them beating estimates huge is very slim. The market has run up hard and fast over the last several weeks, and is now at nose bleed territory.
So have many of the stocks coming out with earnings next week. So if