The second earnings season of the year is due to start next week once the US banks report how they performed in the first three months of 2022.
Earnings Surprises Dominated The Last Earnings Season
The start of 2022 saw a decline in the stock market. For seasoned investors, this was not unexpected, as corrections in the market are commonplace from January through to March.
In my previous article on Bitcoin, I explained the historical importance of the daily 200 simple moving average (d200sma).
In summary, old school traders established it was the perfect indicator for the long-term trend.
In 1767, the English chemist Joseph Priestley conducted an experiment in a brewery that involved hanging a bowl of distilled water above a beer vat. This unlikely set-up resulted in carbon dioxide infusing the water, resulting in carbonated water.
The field of 68 teams that kicked off the 2022 NCAA Men’s Basketball Tournament is down to four teams that will compete for a chance to go to the championship game and be last team standing.