We got a mixed bag in stocks this week as the cloud stocks continued to show the most weakness along with tech in general Friday, while there was strength in financials, healthcare and industrials. The market has been giving solid setups on both sides as longs and shorts working in this environment as long as you're in the right sector.
We get into the thick of earnings season with a ton of big names reporting this week. Amazon, Microsoft, Tesla, Snapchat, McDonalds, Boeing, Twitter, Paypal, Proctor & Gamble, Lockheed, ServiceNow, Anthem, eBay and many many more with over 400 companies reporting this week. So it looks to be a very busy week.
No news is good news right now with the market, we'll see how that develops as the headline risk still looms. For now it appears the market is trying to bull flag out in front of all time highs.
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