CSX - Expect Earnings-Related Volatility To Increase
With the onset of another earnings season, it’s normal to expect increased turbulence in the equity market as investors react to corporate profit hits and misses. The latest reporting season is likely to see even more volatility than normal, however, for reasons I’ll explain in today’s commentary. While I expect the stock market’s underlying bullish trend to remain intact, I’ll make the case that investors should prepare for a choppy trading environment in the weeks immediately ahead.
Wall Street’s attention was drawn to the transportation industry this week as the latest earnings season gets underway.