The Edge - Earnings and Portfolio Strategy ahead
Earnings, Portfolio Top Holdings and Trade Plans, Market outlook
Hello,
The last few days have been packed with earnings, including those for some of my portfolio’s top holdings. Lots to digest as we think about positioning and trade plans ahead. Plus, overall markets seem to be at a critical juncture after a nice rally in 2023 so far - is it time to ride the momentum or start taking profits?
In this detailed note, we’ll cover quite a bit. So grab yourself a coffee or drink and let’s get started. We’ll cover:
Market view
Earnings Wrap and outlook for key companies
Trade plans ahead for top portfolio holdings and watchlist
OVERALL MARKET:
Globally, except China, markets have had a tremendous run in 2023 through July. Major indices across the US (large and small cap) as well as other major markets in Asia and Europe have all shown solid returns this year.
As we look ahead for portfolio positioning, here are a few factors worth considering: