Markets opened higher yesterday as strong earnings from Apple (AAPL) and others brought some much needed momentum to major benchmarks. While most investors are hoping for bad news in the euro-zone to subside, that may not be realistic. It seems that Spain may be the next Greece and any developments in the debts of those two countries has the ability to sink markets. For the time being, earnings season will likely take precedent in trading and market behaviors, although this Friday’s GDP report will certainly have a major impact on the near term economic outlook [see also 5 ETFs For The Earnings Bull]. Today will see earnings from one of the largest blue chips in the world, Exxon Mobil (XOM). Before market open, XOM will be detailing its most recent quarter’s earnings as investors keep a close eye on what was the largest firm in the world for quite some [...] Click here to read the original article on ETFdb.com. Related Posts: Tuesday’s ETF To Watch: Energy Select Sector SPDR (XLE) In Search Of The Best Energy ETF Energy ETFs In Focus As Exxon Mobil (XOM) Reports Earnings Three ETFs To Watch This Week: EWP, IYE, XLK ETF Insider: The Start Of A Correction?
Markets opened higher yesterday as strong earnings from Apple (AAPL) and others brought some much needed momentum to major benchmarks. While most investors are hoping for bad news in the euro-zone to subside, that may not be realistic. It seems that Spain may be the next Greece and any developments in the debts of those two countries has the ability to sink markets. For the time being, earnings season will likely take precedent in trading and market behaviors, although this Friday’s GDP report will certainly have a major impact on the near term economic outlook [see also 5 ETFs For The Earnings Bull]. Today will see earnings from one of the largest blue chips in the world, Exxon Mobil (XOM). Before market open, XOM will be detailing its most recent quarter’s earnings as investors keep a close eye on what was the largest firm in the world for quite some [...]
Click here to read the original article on ETFdb.com.
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