The Tariff Proposals Are More Than Just A Bargaining Tool
Also, it's a big week for earnings for the Mag 7 stocks.
It could be a quiet few days to start the week…as the most important earnings reports and economic releases don’t start coming out until Wednesday. That said, a tweet or comment out of the White House could always shake things up.
The “algos” deserve a lot of the blame for creating this volatility, but they certainly don’t deserve all of the blame. It’s amazing quickly investors extrapolate out these initial (algo-driven) moves so extensively…..For us, we think the tariff issue is much more than just a bargaining tool.
Microsoft (MSFT) will be the first of the Mag 7 stocks to report this week (on Wednesday), so we take a look at its chart this morning.
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