Earnings season has begun, and not a moment too soon. The government shutdown has limited the flow of economic data, leaving investors looking for direction. There was no jobs report last week, and the consumer price index (CPI) reading on inflation, originally scheduled for October 15, will be delayed until later in the month.
For now, the overall outlook remains bullish. In fact, the S&P 500 and NASDAQ hit record highs this week. Confirmation of solid corporate earnings would add fuel to the rally. This week, Delta and Pepsi delivered reports that should provide cautious optimism, but the reports from the big banks next week are likely to be the bigger story.
Investors can’t do anything to take volatility out of the market, but they can use strategies that help them navigate whatever the market throws their way. MarketBeat can help. Our team of analysts is always looking at the opportunities that exist, regardless of what’s happening in the broader economy. Here are some of our most popular stories from this week.
