Big earnings reports coming this week

As we move into the final quarter of the year a new earnings season is on the horizon. The overall market has been resilient through the year, and the upcoming earnings season will help determine whether or not the market carries its recent strength through the remainder of the year, or it we see profit taking drive the overall markets lower through the final months of 2018.

2018 has been a little shaky. Rising interest rates, high oil prices, and trade tensions between the U.S. and China have all had a hand in the market’s uncertainty, but traders have managed to shrug off each threat and drive the major indexes to record levels.

This week marks the start of the new earnings season, with a string of reports from the financial sector kicking things off and setting the tone for the rest of the season.

Financials are arguably in the best position to benefit from rising interest rates so we can expect to see good earnings growth from the big banks as they release their quarterly numbers.

Over the next two weeks there will be a lot of big names reporting, but this week will really set the tone for the market over the next month.

Here are five big earnings report to watch this week.

Michael Fowlkes

Michael Fowlkes

Michael Fowlkes is a financial writer who has been with the Fresh Brewed Media family since 2004. Over the course of his tenure with Fresh Brewed Media, he has worn many hats, including portfolio manager, options analyst, and writer. Michael received his undergraduate degree from Virginia Tech in Accounting and got his start in finance working as a stock trader for six years at Chase Investment Counsel in Charlottesville, Va.

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