📈 Wild Swings of Earnings Season: GS & MS Take Different Paths

📈 Wild Swings of Earnings Season: GS & MS Take Different Paths

Here's what is happening in the markets today, Wednesday, January 18

  • Dow falls almost 400 points
  • Reason: Goldman (GS) shares down 6.4% after Q4 earnings miss
  • Morgan Stanley (MS) up 6% after reporting better than expected earnings
  • 7% of S&P 500 companies reported and 70% beat expectations.
  • Nasdaq up 6% YTD, S&P up 3.95% & Dow up 2.3% YTD
  • S&P 500 running into resistance at the 4,000 level
  • Today's focus: PPI Inflation Data

PLUS: How we trade these markets and our current positions

This wraps up today's stock market news.

If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast.

And for more stock market news, visit our YouTube Channel: https://youtube.com/rockwelltrading2008

#todaysstockmarket #stockmarkettoday #stockmarket

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