Financials Pop As S&P Tests Highs And Earnings Ramp

black android smartphone turned on screen

Image Source: Unsplash

Last Friday kicked off earnings season as JP Morgan Chase & Co (NYSE: JPM) and other money center banks received mixed results. With Bank of America Corp (NYSE: BAC), US Bancorp (NYSE: USB), and others on tap this week, we get a full complement to digest. Today, it was financials and tech leading as the S&P 500 nears Friday's high of 4527. This is a level that moved over 2x the expected move for last week. (BAC, ZM, BB, COIN, HAL, NVDA, AMD, NEM, BVN).

Video Length: 00:23:40

More By This Author:

Market Distortions Of Epic Proportions
Blow-Off Before the Breakdown?
Your CPI 'Plan For Surprises' And Market Update

Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.