SNAP shocked the market last Friday with weak earnings – and was punished with a ~25% drop in the stock price.
30% of the S&P 500 will report earnings this coming week. Who will be punished? Who will be rewarded? We will see.
It’s a “nailbiter” and the results will determine the direction of the market in the near term.
In this week’s video, I review who is reporting, what the charts look like and what to watch for.