If we learned anything from the disappointing Netflix (NFLX) earnings announcement on Monday evening, it’s that the current market is going to flip-flop day by day, earnings report by earnings report for the near-term. Of course, we’ll have a much clearer picture of the overall health of June quarter earnings by the time the closing bell rings this Friday, when 35 percent of the S&P 500 will have reported earning. Those same reports are going to give us a preview of the likelihood of the 13 percent earnings increase required to meet expectations for the second half of the year, or as we expect, many firms will be adjusting earnings downward.

Let’s just say we feel like we’re nearing the crest of the rollercoaster ride.

In this week’s Tematica Investing:

• Earnings start to take a toll on the market and with much more to be had we are holding steady with the Tematica Select List
• Introducing our S&P 500 beating Thematic Index, which is comprised of 170 companies and reflects all 17 of our proprietary investment themes.
• Tematica Select List earnings on tap this week – AT&T (T) and Starbucks (SBUX)
• Updates, Updates, Updates

Click the link below to download the full report.