'Earnings could be volatile,' long-term market bull warns (via TradingNation)
An earnings season that delivers will play an integral role in whether the market can maintain all-time highs, according to Crossmark Global Investments' Victoria Fernandez.
The chief market strategist believes Wall Street is completely discounting second earnings expectations right now, and that leaves little room for disappointments when the season kicks off this Monday.But according to Fernandez, a long-term bull, a setback would likely be short-lived. "We do think that the trend will be higher in the markets," she said. "[Investors] feel like the Fed has their back, and so the markets are continuing to run on that."
On Friday, the major indexes saw all-time intraday highs and fresh record closes. Since the beginning of June, the
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