Earnings Season Kicks Off Today

Earnings season kicks off today and I’ll really be interested to see how things start shaking out. As I mentioned in the Weekend Trading Video, crude oil’s rally will eventually start to effect consumers and companies negatively. Rather than looking at the actual numbers, I think that the company guidance will be more influential.

Will the company management look favorably on the new quarter ahead? I’m sure there will be some strong comments about Crude Oil and the Dollar.

Here are the more important reports coming out this week…

A Word On Expectations

I think its going to be a little harder for companies to beat earnings on a Yr over Yr basis this time around. It was relatively easy last year because companies where comparing earnings from 2008-09 when things were still picking up. Now that they have had great rebounds, will they be able to keep the same pace? What to do you think?

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