In this episode, Coach Matt discusses the significance of quarterly earnings reports during our feature presentation. Every quarter, public companies have to report their earnings. These reports include financial data like earnings per share (EPS) and revenue. Market participants focus on earnings to gain insight into companies, industries, sectors, and the broad market. Coach Matt discusses what earnings are, why they’re important, what he’s learned so far this earnings season, and what he’ll be watching for moving forward during the feature.
Before that, the coaches discuss the state of the broad markets during our weekly skyline. Stocks hit all-time highs last week on the S&P 500 as the bullish trends have been in place. Last week we received a batch of earnings reports, specifically from Financial stocks like Goldman Sachs and Wells Fargo. The US Dollar broke down below key support, Gold broke out of short-term resistance and BItcoin tumbled over the weekend below 60K support to 55K per coin. Listen in as the coaches discuss the state of the markets during this weekly segment.
2:07 Market Skyline
48:50 Feature Presentation