China news dominated the markets this week and earnings season is about heat up.
A tweet from Houston Rockets General Manager, Daryl Morey, in support of Hong Kong protestors caused major backlash from China, The story quickly spiraled out of control and companies such as Apple (AAPL) - Get Report and Activision (ATVI) - Get Report got caught in the debate between American values and the economic opportunities in China.
Also this week representatives from China met with their American counterparts and President Trump to continue trade talks.
Additionally, we got reports of a decrease in IT spending just as earnings season is about to ramp up.
Zev Fima, Research Analyst from ActionAlertsPLUS, discussed all of this and more with:
- Jacob Sonenshine, Reporter for TheStreet
- Anthony Bonsignore, Research Analyst for CNBC's Mad Money
- Bob Lang, Co-manager of the Trifecta portfolio, Real Money contributor, and founder of explosiveoptions.net
Watch the video above for the full discussion and check out the links below for more in depth coverage from throughout the week.
Jim Cramer's exclusive Member's Only Call is on Wednesday, October 16th at 11:30am. Find out what Jim and the ActionAlertsPLUS team are telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts Plus.
NBA VS. CHINA
- Activision's Hong Kong Controversy Is Shaping Up to Have Financial Consequences
- China State TV Suspends NBA Broadcasts as Houston Rockets Tweet Dispute Deepens
- Nike Shares Drop as NBA-China Dispute Raises Consumer Boycott Concern
- With U.S-China Trade Talks Uncertain, Buy Defensive Stocks, One Expert Says
- Stocks Rally on Reports of Partial U.S.-China Trade Agreement
- US-Listed China Shares Fall on Report White House Eyeing Pension Fund Limits
- Jim Cramer: Trump's Endless Assault Is Taking Its Toll on China's Resolve
- The Focus Is on the Trade Deal
- 'Toy' Around With This Target Trade
- If U.S.-China Trade Talks Don't Go Well, Here's What's Next for Stocks
- What We'll Be Watching When Next Week's Bank Earnings Come In
- SAP Surges as CEO Bill McDermott Steps Down After Solid Third-Quarter Earnings
- Netflix Reports Q3 Earnings Next Week: 3 Things to Look For
- Domino's Pizza Misses Q3 Earnings, Same-Store Sales Forecasts
- Domino's Announces $1 Billion Share Buyback Program
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