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Earnings Season, Supply Chain, Oil, Oh My: What Has This Portfolio Manager Worried

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You thought last week was busy with earnings? Oh, darling, bless your heart.

No, but in all seriousness, this week is going to be crazy. 165 S&P companies are slated to report earnings, with Facebook kicking off earnings on Monday night. 

Of course, Wall Street will also hear from Microsoft  (MSFT) - Get Microsoft Corporation (MSFT) Report, Apple  (AAPL) - Get Apple Inc. (AAPL) Report, Amazon  (AMZN) - Get Amazon.com, Inc. Report, and Alphabet  (GOOGL) - Get Alphabet Inc. Class A Report this week as well. 

TheStreet's Martin Baccardax noted that "With 117 companies reporting so far, collective S&P 500 profits are set to rise 34.8% from last year to $430.3 billion, with fourth-quarter earnings forecast to rise another 22.8% to $435.3 billion.

Bob Lang and Chris Versace, Action Alerts PLUS portfolio managers, discuss the market action.

Head to Monday's Daily Rundown to hear what Versace and Lang are only telling members of the Action Alerts PLUS investing club. 

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