Week Ahead: Earnings Results Expected To Drive Markets; Oil Highest Since 2014
- Some analysts believe this October could be less volatile than expected
- Upcoming week filled with high-profile earnings releases
- Tesla shares currently behaving like traditional, value stock automobile companies
Earnings releases from some of the US’s largest companies are likely to be financial market catalysts next week when an array of businesses from a variety of sectors provide their quarterly results. Note, too, the term ‘catalyst’ could be misleading. It would suggest that stocks were languishing and in need of an additional push.
That’s hardly the case. Currently an assortment of stocks have been providing significant returns.
What happened to the scariest month of the year for markets?
At the beginning of the month, we cautioned that was notorious for being the most volatile month of the year, by far. That statistic is true for every October in general, but during a year in…