Earnings season is officially upon us folks. Earnings season is when traders like ourselves truly eat. Last earnings season was certainly one giant feast and I would like to treat this one the same. There are no easier / high probability / tight risk / huge upside setups like post-earnings bases. Trust me on that one.
The season really gets started towards the end of the week, once the big banks and airlines begin to report. The big banks usually set the tone for the whole season, so it will be key to see how they react as a sector, especially since they've been so hot. Do they continue the run or do they rotate money out of the sector? About 30 companies report next week, and then we really get going with about 200 companies reporting.
Tuesday: PEP, AIR
Wednesday: OZRK, FAST
Thursday: DAL, FIZZ
Friday: C, INFY, JPM, PNC, WFC