Brian Williamson Earnings Quotations

Last week we saw earnings pre-announcements and a higher-than-expected producer price index move stocks. Next week, we expect more earnings surprises and the CPI to provide the volatility.

Looking back, the S&P 500 is at four-and-a-half-year highs, so it seems the market had no problems with earnings last quarter.

Compared to the last two weeks, there are not too many scheduled events with the ability to move the entire market next week. So traders will try to make money by focusing on individual names and earnings reports.

The number looks pretty much in line. Ex-food and energy was better than expected. The focus is on earnings now this economic number is out of the way. The market looks to be doing OK off the get-go here.

The market needs a catalyst right now with all this bad news weighing on it. It's up to earnings to turn the tide.