US celebrates 2-year bull market, up 65%. More upside is likely ahead. Why & what else to watch now

So what to consider this week? There’s a blockbuster roll out of US bank earnings. Watch Goldman Sachs $Goldman Sachs (GS.US)$, Bank of America $Bank of America (BAC.US)$ and Citigroup $Citigroup (C.US)$ - some of the biggest global banks. They’re results will tell us of the strength of the US consumer and US economy. If they deliver better than expected earnings, their shares will likely rise and boost US market sentiment. But if they deliver sour grapes – you might see the opportunity.

Tesla $Tesla (TSLA.US)$ shares will be on watch. They fell 8.8% after Tesla’s Cybercab event. Some traders were concerned about the lack of detail, others questions if Optimus robots were humans in disguise. Tesla shares are up about 45% from early April. But they gapped down –a technical term  - suggesting it could see more downward pressure. But Tesla bulls may buy the dip, as Tesla’s earnings are expected to rise with sales expected to move up, particularly in China.

Uber $Uber Technologies (UBER.US)$ shares meanwhile gained about 11% after Tesla’s event showed Uber’s business won’t be threated by Tesla’s Cybercab.

Lastly – watch China’s CSI and affiliated ETFs such as $ChinaAMC CSI 300 Index ETF (03188.HK)$ as China’s announced its second round of stimulus on the weekend. China’s CSI300 is up 21% in 14 days despite last week’s pull back. This week we’ll see how traders react to the second stimulus measures after the first package was China’s biggest in nominal terms. So will investment managers buy the dip for the long term recovery. That’s the questions