The market has probably run its course for now unless we can resolve some of these broader issues that we have, notes Stephen “Sarge” Guilfoyle. He discusses the takeaways from earnings season so far, and he expects earnings to move more positive. He talks about how General Motors (GM) beats on earnings despite UAW strike, but GM and Ford (F) have a lot of uncertainty with the strike still going and limited EVs. He also prepares for big tech earnings. He highlights that Microsoft (MSFT) is more important than Google (GOOGL) from an investing standpoint. Tune in to find out more about the stock market today.
Trading 360
24 Oct 2023
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