Earnings Season will give the ,Market Direction

Stocks have been moving sideways since the Federal Reserve announced QE3 in mid-September, and investors are now awaiting the next big market catalyst: third-quarter earnings.


“The market’s swinging around and there’s no conviction—people are nervous about a lot of things,” said Yu-Dee Chang, chief trader at ACE Investment Strategists. “For the time being, I expect more weakness.