29Oct3:31 pmEST
The Three Amigos the Next Three Days
I see rates are softening this afternoon after another recent push higher. Be that as it may, we have the full gauntlet of major earnings coming the next three evenings, starting with GOOGL tonight.
On the GOOGL MSFT AMZN (each successively reporting the next three nights) weekly charts, below, I am still looking for the law of large numbers to come home to roost with these monsters, where the sky-high expectations for their earnings and any AI commentary comes up short.
You can also see the potential head and shoulder tops still in play, though obviously not yet confirmed. We also have AAPL and META earnings, among many others, this week.
Elsewhere, silver and the miners are red-hot again. A bunch of miners are reporting in the next week or two but with the actions in precious metals as resilient as it has been I am on the lookout for new long entries soon enough.
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