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

Daily Stock Market News

English - January 18, 2023 16:39 - 17 minutes - 15.8 MB
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Previous Episode: 📈 Wall Street's Best Week Since Nov: Will It Last?

Next Episode: 📈 Dow Plunges 600 Points - What Now?

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.

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