Big Earnings Week - Will it smash through?
This is a big earnings week with Apple, McDonald's, Alphabet, Amazon and many others reporting. Many are top holdings int the PowerShares QQQ Trust ETF and that should move QQQ. People are thinking that Apple may already be adjusted down based on rumors and it may actually move up on earnings at 5pm today. We have no alerts open at this time.
But this bull market while taking a breather but should continue and here is some proof. The Atlanta Fed GDP tracker reports that the economy should grow at 5.4% rate in first quarter! We continue to watch for opportunities on dips.