US equities action is about to heat up (despite the polar vortex covering most of the country in a deep freeze) with earnings season kicking off tonight

Jay Soloff

Argonath Financial

US equities action is about to heat up (despite the polar vortex covering most of the country in a deep freeze) with earnings season kicking off tonight. Alcoa (AA) gets things started as usual and will provide some insight into demand for industrial metals. In the meantime investors are trying to digest recent jobs data in anticipation of tomorrow's non-farm payrolls release. Jobless claims dropped by 15,000, which is another signal (along with yesterday's ADP number) that the December unemployment number could be better than expected. Nevertheless, investors appear to be concerned the good jobs news will encourage the Fed to increase the rate of tapering. Not to mention, the latest Fed minutes show some officials are seeing diminishing economic benefits from the bond buying program. So will a good jobs number weigh on the market? We'll find out tomorrow.


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Research Analyst
Argonath Financial

I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...

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