![]() ![]() "By and large, the market in its totality continues to be reasonably priced if not kind of cheap. ![]() "Obviously, we are about to get all these (earnings) reports but it feels to me earnings are going to be good and at the end of the day, how do you value stocks – based on the earnings and dividends," said Stephen Massocca, senior vice president at Wedbush Securities in San Francisco. Investors will be paying attention to company outlooks, with earnings for the quarter expected to decline 8.1%, according to Refinitiv data, a bigger decline than the 5.7% fall expected at the start of the month. stocks ended higher to kick off the trading week on Monday, buoyed by gains in financial and technology shares as investors awaited the next round of quarterly results this week as earnings season gathers speed.Ĭompanies scheduled to report earnings this week include Tesla and Netflix, while more big banks in the form of Bank of America, Morgan Stanley and Goldman Sachs are also on the docket to post results, following reports from peers such as JP Morgan and Citigroup last week.
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