“The earnings reports are going to be the big driver in the next few weeks. What companies say they earned in the fourth quarter is going to be less important than what they say about the rest of the year.”
Ben Halliburton
“To an extent, no matter what happens with earnings reports over the next week, the Middle East is still going to hold us back.”
Kenneth Polcari
“Remember, we're about two weeks ahead of earnings pre-announcement season. So, that's going to be our next major hurdle here with the market. But looking at the data, you have to say that the Fed have been vigilant and have been bringing us in for a soft landing. And I think that, while you do have some casualties there obviously, the retailers have had a really rough week here this week.”
Bryan Piskorowski
“Last week we saw earnings pre-announcements and a higher-than-expected producer price index move stocks. Next week, we expect more earnings surprises and the CPI to provide the volatility.”
Brian Williamson
“I think we need to get through all the earnings of the next two weeks before we can determine where the market is headed. I think the market is going to be hard-pressed to make new highs with the overhang of geopolitical issues and concerns about interest rates.”
Brian Bensch
“There's going to be this flip-flop next week and continually until we get through earnings season, going from earnings to worrying about the economic slowdown and what inflation brings so I think next week is going to be marked by that. We're getting to the point where the market needs good earnings. It needs to have a catalyst to get the growth sector moving again.”
Barry Hyman
“There's going to be this flip-flop next week and continually until we get through earnings season, going from earnings to worrying about the economic slowdown and what inflation brings so I think next week is going to be marked by that, ... We're getting to the point where the market needs good earnings. It needs to have a catalyst to get the growth sector moving again.”
