Earnings for the coming week starting 14 Mar 2022

key earnings for the week starting 14 Mar 2022
 

These are some of the earnings for the coming week starting 14 March 2022. 

Personally, I am looking with interest for Gamestop, Accenture PLC & FedEx.  The figures from FedEx is vital for me, a supply chain professional.  The war and recent fuel price surges are expected to add complications and costs to the global supply chain.  The costs should hit our pockets over the coming weeks.  Biden Administration is taking action against ocean shipping players as per their announcement in early March 2022. 


Performance of US market (by sectors) as per 11 Mar 2022

Macro events like the Ukraine conflict and the interest rate announcement on 16 Mar 2022 will weigh heavy on the market.  As per the 11 Mar 2022, all sectors ended the week in red in lieu of these.  Thus, it is not an issue with a few companies or sectors but driven by a (more) market-wide sentiment.


From technicals, the downtrend for S&P500 is expected to continue into the week.  It is prudent to watch and observe. If we have done research in the companies, we should avoid selling in panic.  Let us invest with what we have, avoiding margin or leverage wherever possible.  Let us research before investing.

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