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Weekly Roundup: China, IT Spend and Earnings

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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 Apple Inc. Report and Activision (ATVI) - Get Activision Blizzard Inc 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

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





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