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Earnings Season: Will Q2 kick off US stock rally?

Serge Berger believes US stocks are set to rally in the second half of 2015 and is paying close attention to how the dollar and energy prices have impacted corporate earnings in the second quarter. So will the coming weeks bring enough good news to set the rally off?

Analysts have been lowering their expectations ahead of the Q2 earnings season, so there be some positive surprises. Berger, also known as the Steady Trader, says that for the first time in 12 months single stocks and sectors have his interest rather than just the broader S&P 500 index.

In particular, he is interested in financial companies like Bank of America, which is reporting earnings this week. Berger is also keeping an eye on ExxonMobil’s earnings, which may also provide an indication of how the rest of the energy sector has performed in Q2 after seeing oil prices swing 10-15%.

02:59 minutes
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