After the Q2 2018 Earnings, Trade War Noise Could Drive Markets
We’re approaching the end of the second-quarter earnings season, which has yielded mixed results. Among the FAANG stocks, Facebook (FB) and Netflix (NFLX) disappointed, and Apple (AAPL) and Amazon (AMZN) posted better-than-expected results. The broader markets have also been cruising along, with the PowerShares QQQ ETF (QQQ) up 16.7% for the year based on its August 6 closing price.