Earnings is almost upon us with some of the major financial stocks reporting this week.
As you may have noticed, sometimes I’m very clear about the direction that earnings is likely to take, and sometimes
I’m more cautious. This time is is one for the latter.
Right now the market is edgy and doesn’t quite know which way to go. That’s fine. In our world we choose to enter trades only when the market is doing something that we can interpret as predicatable.
For now I’m looking more at great value volatility setups. The next few days will reveal more about whether this earnings will signal a clear direction.