But forget earnings and learn to create income
Hey traders, Netflix (NFLX). Watch NFLX. That's going to give you a really good vibe for how things are shaping up. In addition, on the financial side, Bank of America (BAC) and Goldman Sachs (GS) are reporting. They're two very different banks: - Bank of America makes its money by gouging its own customers with fees.
- Goldman Sachs on the other hand makes its money from deal making, for example when they do an IPO.
But here's the thing: There haven't been IPOs to speak of lately. So it'll be real interesting to see how Goldman reports. These earnings will tell the market what's up with both sides of the banking coin. | |
But remember what I've told you before: Don't predict — React. As always, I prefer to find a trending stock and use that asset to create income. In fact, my next weekly income trade comes out tomorrow. If you want to learn how I've been doing it, register your spot here and join me tomorrow Tuesday July 18th @ 11:30am Eastern — absolutely FREE. I'll reveal how I've been turning trending stocks into an income stream for decades now. Trade well, | |
Jack Carter Jack Carter Trading | |
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