Friends
The bulls made an appearance at today’s trading session after a surprisingly good earnings release from Netflix yesterday after the close. The tug-of-war over the next couple of weeks will be between corporate earnings and Fed Speak. Stay tuned.
As for today, by the close the Dow Jones Industrial was up 330 points to finish the day at 33,375. The S&P 500 was up 73 points to close at 3,972. The Nasdaq Composite Index was up 288 points to close at 11,140. Gold was up $5 to trade at $1,929 per ounce, while oil was up $1.07 to trade at $81.40 per barrel WTI.
On the earnings calendar next week are reports from 3M, GE, Travelers, Microsoft, Halliburton, Lockheed Martin, Union Pacific, Verizon, J&J, Abbott Labs, AT&T, Boeing, Kimberly Clark, Dow, Intel, American Express, Chevron, and Intel just to name a few. Buckle up, it could be a volatile couple of weeks ahead.
Have a great weekend everyone.
