Banks, Energy, Tech: The Seasons Within Earnings Season

The video discusses the recent performance of US banks, highlighting their resilience in a challenging interest rate environment and the potential for a steepening yield curve in 2017. It also examines energy stocks, noting their low valuations but the lack of significant capital spending reductions despite rising oil prices. The role of tech giants like Apple and Alphabet is explored, emphasizing their influence on market health and the emerging strength in IT services and semiconductors.

What is the significance of capital spending reduction in relation to oil prices?

What observations were made regarding the new social media stocks?