Earnings time is almost upon us, with many of the major financial earnings reports this week.
What does the Financial Earnings Reports Indicate?
As you may have noticed, sometimes Guy Cohen is very clear about the direction that earnings are likely to take, and sometimes he’s more cautious. This time, Guy is leaning towards the latter.
Right now the market is edgy, and doesn’t quite know which way to go. That’s fine. In Guy’s world, you should choose to enter trades only when the market is doing something that can interpreted as predictable.
For now, Guy is looking more at great value through volatility setups. The next few days will reveal more aboutwhether this earnings report will signal a clear direction.
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