Senin, 22 Juli 2019

Monday Millionaire Briefing: Why This Week is More Important Than Most

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10-Minute Millionaire
July 22, 2019

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Monday Millionaire Briefing: Why This Week is More Important Than Most
By D.R. Barton, Jr.

Dear 10-Minute Millionaire Reader,

It's a crucial week for the market - one which will have major reverberations in the coming days and weeks. Let's take a look...
  1. The Fed "easy money" narrative once again holds firm in center stage - AND the White House tariff tweet is alive and well. Markets will continue to be torn between the "Upside Down World" of Fed watching, where bad news is good for the markets, and the tariff tango narrative where bad news is decidedly bad and good news is decidedly good. Is your head spinning? Here's the easy way to watch the world for now - if there is tariff/trade-oriented news and it's good (moving toward an agreement delaying or dropping tariffs), markets will react positively. Any other economic news will be upside down: Bad economic growth numbers in China/U.S./EU? That's good for markets (will move Fed closer to cutting rates). If we get good economic news like a good employment report? Markets won't like that because it could trigger the Fed to delay cutting rates.
This week, three of the five most valuable public companies on the planet report earnings. And there are other interesting ones too. Earnings season truly gets into full swing this week - if we get more disappointments than upside surprises the market could be weighed down. If, on the other hand, the preponderance of news is good, it will help build a foundation under the market. This could be one of the most important earnings weeks of the year.

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  1. Earnings #1: Amazon (AMZN) on Thursday after the close. The world's second most valuable company is currently suffering the "trillion-dollar curse" after it crossed above then back below that lofty mark on multiple occasions. AMZN is so broad now that its results affect tech companies, cloud computing niches, retail, and transportation. So what management chooses to say about future earnings and outlook will be perhaps even more important than the current report.
Great trading and God bless you,

https://moneymorning.com/files/2014/10/sig_drb.png

D.R. Barton, Jr.


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