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The Market Limps Into Mega Cap Earnings

The Market Limps Into Mega Cap Earnings

The market has come limping into earnings season here and this could be the catalyst the market needs to get out of this choppiness, notes Ken Mahoney. He discusses how the markets are lower with major indices set for a losing week. He talks about expectations for mega cap earnings. The mega cap earnings on deck next week including MSFT, GOOGL, META, and AMZN. He highlights that if we do get a beat and raise from some of the heavy hitters, that will give the market a boost and then we will have analysts scurrying to update their models and see price target upgrades. He then goes over the outlook for cloud stocks. Tune in to find out more about the stock market today.

Morning Trade Live

20 Oct 2023

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