Hi guys/gals
1/4 Dow30 stocks report quarterly results next week.
S&P 500, 60stocks report next week.
It's highly unlikely that we'll see good news, major problem has been energy prices.
energy prices effectively put pressure on every company ie: transport of goods to retailers, retailers pass costs onto consumer.
plus the biggie, petrol prices have increased over past few quarters. I believe we'll see petrol at USD$150bbl. None of the OPEC countries will increase production.
hence freezing water will be tipped over quarterly results.
as you know I use Conditional Trading Platform max your profits, decrease your losses.
if there was a positive we would have seen good jump during past Quarter. It didn't happen.
Dow 30.
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