Listen to your elders

Today we will discuss the investment management conglomerate, BlackRock. They report earnings July 14 before the opening bell.

BlackRock Inc. is one of the world’s leading asset management firms offering a range of risk management, strategic advisor, and enterprise investment system services. With about $7.8 trillion worth of assets under management (excluding money market assets), as of Sep 30, 2020, it caters to institutional, intermediary and individual investors.

Their price action is an embodiment of their ability to execute. Listen to their commentary because it will be a huge indicator for the future of this market. BlackRock has more investing resources than any single entity.

As the saying goes, listen to your elders
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