Q1 Earnings Season: Buy Or Fade The Rally?

Lance Roberts34.1K FollowersFollow5ShareSavePlay(21min)CommentsSummaryTrump’s self-imposed deadline for Iran to reopen the Strait of Hormuz or face escalation kept futures volatile and conviction thin.Our 200-DMA breakdown analysis from March details the outcomes of brief breaks below the key moving average.As a fragile ceasefire with Iran hangs in the balance and oil trades near multi-year highs, the Q1 earnings season is arriving in one of the most negatively positioned markets in years.The AAII Sentiment Survey saw bearish readings spike to 52.9% at the March low, one of the highest in eight years and well above the long-term average of 31.0%. Lemon_tm/iStock via Getty Images Market Brief – Stocks Surge On Relief Note: I am traveling home from the UK today, so this week’s missive will be short. Also, I had to write it on Friday before the U.S. markets officially closed. So, any discrepanciesThis article was written byLance Roberts34.1K FollowersFollowAfter having been in the investing world for more than 25 years from private banking and investment management to private and venture capital; I have pretty much "been there and done that" at one point or another. I am currently a partner at RIA Advisors in Houston, Texas. The majority of my time is spent analyzing, researching and writing commentary about investing, investor psychology and macro-views of the markets and the economy. My thoughts are not generally mainstream and are often contrarian in nature but I try an use a common sense approach, clear explanations and my “real world” experience in the process. I am a managing partner of RIA Pro, a weekly subscriber based-newsletter that is distributed to individual and professional investors nationwide. The newsletter covers economic, political and market topics as they relate to your money and life. I also write a daily blog which is read by thousands nationwide from individuals to professionals at www.realinvestmentadvice.com.