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Saturday, April 7, 2018

Rocky Week Ahead - These are the Big Events That Could rock the stock market



China said it was fully prepared to respond with a "fierce counter strike" to Trump’s  threat for $100 billion more in tariffs on Chinese imports. The week ahead promised to be high stakes with high expectations as earnings season heats up. Traders are expecting one of the best US quarterly  earnings season boasted by the implementation of  the  reformed US Tax to show its biggest quarterly profit growth in seven years.  The corporate reporting kicks off in earnest on Thursday and Friday with reports from several large financial institutions including BlackRock and JP Morgan.The fragile market could be  further upset  by disappointments . The most volatile U.S. stock market in two years will meet 3 major test in the coming weeks as first-quarter earnings pour in, announcements of the outcome of NAFTA renegotiation when Trump meets Mexico President and Canadian PM at the end of the week and Chinese President Xi speech on Tuesday for any reference to the Trade war .  

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