Market Madness: Are You Worried About a Bear Market or Retail Earnings?
Whew.
It's a busy week ahead.
TheStreet will be covering multiple retail earnings. Home Depot (HD) - Get Report reports on Aug. 14, while Macy's follows on Aug. 15. JC Penney (JCP) - Get Report and Nvidia Corp. (NVDA) - Get Report are on Aug. 16. And the week ends with Walmart (WMT) - Get Report on Aug. 17.
Nvidia, a holding in Jim Cramer's Action Alerts PLUS member club, will be followed with a live blog.
It feels like this market is near a tipping point, could go either way, according to TheStreet's Jacob Sonenshine. Economy looking strong, strong inflation reflects strong economy
TheStreet's Brian Sozzi reports that S&P hitting its second high in the same year means we could be headed for a bear market. A Cannacord Genuity Strategist says S&P 500 headed for bear market.