What to Watch in U.S. Stocks Ahead of Earnings Season

David Keller discusses market volatility reminiscent of 2011, focusing on commodities and inflation concerns. He analyzes the S&P 500's technical resistance levels and compares its performance to global markets, highlighting the S&P's outperformance. Concerns are raised about the financial sector's underperformance, especially big cap banks, amid trade war fears. In contrast, the biotech sector shows promise with potential breakouts, offering opportunities for growth.

What is the main concern regarding commodities as discussed in the first section?

• Stable market conditions

• Volatility reminiscent of 2011

• Weakness in oil

• Strength in gold

What is the key resistance level for the S&P 500 mentioned in the second section?

• 2800

• 2700

• 3000

• 2900

How is the S&P 500 performing compared to the rest of the world?

• Underperforming

• Matching performance

• Outperforming

• No significant difference

Which sector is highlighted as having a promising outlook in the third section?

• Financials

• Biotech

• Technology

• Consumer goods

What is the concern regarding the financial sector as earnings season approaches?

• Stable growth

• Underperformance

• High volatility

• Strong performance