Earnings Season Mayhem

The coming week, and possibly the next few weeks will be marked by mayhem in the stock markets as investors veer between joy and horror within short spaces of time due to the earnings season.

Fundamentals (and possibly common sense) are thrown out the window as fear rules the markets. Alcoa, who led the earnings season with favourable figures, is also being dragged down now even though nothing fundamentally has changed about it the last few days when it first rallied after good earnings reports!

Unless you have a good appetite for risk, it may be wise for you and your money to stay out for now or take small positions…

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