27.04.2020 DOW JONES Daily Analysis

27.04.2020 DOW JONES Daily Analysis

Dow Jones is set up for a very rocky week ahead as some of it's big futures will be releasing their First Quarter earning reports. The Dow had a cool 3-day winning streak. Now investors have their sights set on this week to see what some of the big names in the industry will be reporting their earnings. It is expected that the earnings won't be the best considering that the Covid-19 crisis has been ripping and ravaging most of these companies. Some of the companies releasing their earnings reports this week are Apple Inc, Alphabet, Amazon, Intel, and Tesla. Blue-chip companies Boeing and Exxon Mobil will also be releasing their quarterly reports. What's keeping investors on edge is the fact that most of these companies have had to slash their quarterly guidance on account of the pandemic. Last week saw the Dow Jones futures becoming less volatile and enjoyed a positive run for a while. Friday saw the Dow Jones close at $23,775.27 +260.01 (1.11%). Technically, earnings seasons are usually a very confusing time for traders-all factors kept constant- but with all that is going around in terms of the covid-19 pandemic, things are even worse.