EARNING SEASON UPON US

It's summer, it's Monday, it's the earning season, and futures are all in green. How can this positive opening be trusted. Monday had been brutal for the market lately. Could today be the same? AA's earnings probably will be alright, which could prompt the market somewhat, particularly in the base metal area. Crude remains high. There's no meaningful news this week other than earnings. Be careful, cautious, and take position only on those who have delivered earnings consistently. This is the earning season where consistency gets paid!