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If you thought last week, with 34% of S&P 500 firms reporting, was profitable, wait till you get a load of what's coming up fast.
The big-cap tech companies – Facebook Inc. (NASDAQ: FB), Microsoft Corp. (NASDAQ: MSFT), and Amazon.com Inc. (NASDAQ: AMZN) – all exceeded expectations, helping drive the S&P 500 to fresh all-time highs.
And the fireworks aren't even close to over. We're at the start of the second busiest reporting week of the season, with 135 – fully 27% – of S&P 500 companies scheduled to report.
However, we're looking at a relative few big influencers…
About the Author
Nationally recognized technical trader. Background in engineering, system designs, and risk reduction. 26 years in the markets.