Oil, oil, oil and more oil

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Outlook: What should we be worrying about? We see four potential tipping points. First, US company earnings. Alcoa starts the ball rolling but it’s big bank earnings, starting Wednes-day, that have the potential to scare the market. Average S&P earnings are forecast down 8.5% y/y, but what if it’s worse? And if US banks fall, given they are (arguably) better managed and better capitalized than European banks, what does that mean for European banks? Secondly, nobody is trying to make hay

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