Besides the US-Iran conflict, there are 12 earnings reports in the US stock market this week that could impact market volatility. Here are the 2 reports I think are the most crucial: 1. Do Americans still have money to spend? — JPMorgan (JPM) earnings on Tuesday There are 8 bank earnings reports this week. But JPMorgan, as the largest bank in the US, handles credit cards, mortgages, and car loans for over 80 million Americans. So the consumer data we see every quarter from them is pretty fast and accurate. Let’s see if CEO Jamie Dimon has any new comments on inflation. 2. Is AI still growing? — TSMC (TSMC) earnings on Thursday They’re a key supplier for NVIDIA and one of my heavy holdings. TSMC’s order volume reflects how much the entire AI industry is actually spending on chips. Whether their Q2 guidance continues to rise will shape the market’s expectations for AI growth. Also, don’t forget ASML’s earnings on Wednesday and Netflix’s on Thursday. Looks like it’s going to be another volatile week.