Earnings Around the Corner

The Dow has been mischievously spending time below its 200 day moving average and finally gave us a reprieve after six straight session south of the border. This boost higher, was of critical importance as the markets remain narrow. Last week’s price action was one that witnessed rallies continually being faded. That is NOT the type of action bulls want to see. As trade war rhetoric turns more clear and time tables present themselves, it seem markets are relieved. Let’s stay ready for next week earnings rumble!