Chinese Stocks Fall; Biggest Issues Facing Upcoming Earnings Season

The main earnings season message is: don't miss, says Kevin Gordon. He discusses how stocks are mixed as a big week for earnings begins. He talks about how several companies are retaining pricing power, but likely can't last much longer. He notes that unfortunately, layoffs are the easiest way for companies to ease falling demand. He then goes over how value is starting to outpace growth. He then highlights how stocks BABA, BIDU, JD, and TCEHY are falling as Xi Jinping cements power at the Communist party conference. Tune in to find out more about the stock market today.

Trading 360

24 Oct 2022

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