CNBC is reporting that this is the biggest earnings week EVER, with nearly 200 companies from the S&P all reporting in a single week. Cramer mentions there’s no way we can get through all of this data in a single week which is why the first initial reaction from stocks reporting is normally the wrong reaction. He used $CAT & $INTC as examples from last quarter.
In summary, watch out for landmines this week. If you hold multiple positions in your account, you are likely to have a least one reporting this week. Earnings Whispers has put together a great calendar of the most popular companies reporting, see below:
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— Earnings Whispers (@eWhispers) April 22, 2017
Thanks for the list RC! We are definitely off to a good start this morning but will be curious if we can hold the gains given all this earnings news to digest. Thanks again!
Many individual names are fading fast, but love how the Nasdaq continues to lead .
After market on Thursday will be fun.
indeud.