06 October 2015

SP 500 and NDX Futures Daily Charts - Earnings Kickoff On Thursday

The economic news continues to come in weakly.

Alcoa will kick off the 3Q earnings reports on Thursday, October 8 after the bell.

We have been getting some advance notice of changes in earnings forecasts.  The overall picture of the economy is not particularly good.

So far we have seen a noticeable divergence between corporate results and the incomes of the median American citizen.

Let's see how things progress.

Have a pleasant evening.