Reply To: Traders Market Weekly: Valuation Matters in Earnings Season


The earnings season fires off with big reports due out from PepsiCo (NASDAQ:PEP), Delta Air Lines (DAL), and Taiwan Semiconductor (TSM) before a wave of reports from major banks like JPMorgan Chase (JPM), Wells Fargo (WFC), U.S. Bancorp (USB), and others. Investors in the banking sector will be watching to see if the decline in mortgage originations and refinancings is offset by higher revenue from credit lines. The corporate calendar for the week includes investor events for Dave & Buster’s Entertainment (NASDAQ:PLAY), Ferroglobe PLC (NASDAQ:GSM), Suncor (NYSE:SU) and Pure Cycle Corporation (NASDAQ:PCYO) – while Amazon (NASDAQ:AMZN) Prime Day and competing online sales will dominate attention in the retail sector. Inflation talk will also be front and center, with the consumer price index and producer price index reports both expected to be just as strong for June as they were for May.