It’s time to play “beat or miss” and the market will be looking for a decent earnings season to confirm the latest move higher.
Goldman constructed some great charts illustrating that the bulk of earnings are coming in the next few weeks. Of the S&P5oo, for example, 48 companies report this week, representing 18% of the market capitalization of the index. Citibank and Wells Fargo get the party started tomorrow. Let’s hope they exceed JPM.
We’ve added an earnings calendar in the headers/pages above.
(click here if charts are not observable)