Need to Know: A long-term gold bull wants to see this happen before he buys more

Want a clearer picture of how earnings season is shaping up? Today’s avalanche of results may help.

While some rousing M&A did the trick for stocks yesterday, today will be all about what economic bellwethers like Caterpillar and 3M are saying, along with many others. It’s Apple’s turn after the close, with more big tech names — Amazon and Google parent Alphabet’s — reporting Thursday.

“Good buying has been seen in the technology and staples sectors, and tech will play a big role in price action for the remainder of the week,” says IG’s Chris Weston.

How much pull does earnings season have for stocks? Richard Saldanha, a fund manager at Aviva Investors, was recently heard saying it’s best to temper your enthusiasm if you think earnings are going to be the big catalyst to keep driving stocks higher.

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