Weekly View Friday 5 February 2010...

Weekly Review:

We had a couple days of bounce, but then it was straight back down until the last hour on Friday. The real dip-buyers continue to be MIA, but many domestic indices are approaching their 200-day EMAs (and many foreign indices have broken their 200-day EMAs).

Weekly Preview:

Earnings continue to slow, as many of the big names have already reported. As with last week, we're still oversold, perhaps more so, and a bounce is probably coming (again). This correction is a good thing.

Earnings season keeps going this week. Here's a breakdown of the ones I'm watching day by day. Note that when I say, "For [blank] morning," I mean the stock reports earnings either after the close the previous day or before the open on that day.

Monday: BWP, CVS, HAR, HAS, HS, L, LO, MCY, NTE, GOLD, NDAQ,

Tuesday: ADCT, ANDE, AINV, AEC, ATML, AXS, CPT, CRL, CMP, ERTS, ESLR, FWRD, GFA, HIG, HIMX, IUSA, LNCR, LNC, NUAN, OMI, PIKE, SLRY, SWI, TCK, TMRK, PFG, TRID, VMC, ACM, AGCO, AGU, ANR, BIIB, BJS, CAM, CE, CHD, CTSH, CGEN, CVH, CYNO, EOG, IACI, ITUB, KUB, MLM, TAP, NYX, PHM, TIN, KO, UBS, VSH,

Wednesday: ASEI, BIDU, CPST, CERN, LGF, NTGR, DIS, XL, MT, BHP, BSX, BHS, CCE, CSC, SCOR, DF, DISCK, ELN, EQIX, FORR, ICE, ID, LNCE, LVLT, MMC, OMC, SNY, SNI, S, NYT, WYN

Thursday: ATVI, AMKR, STV, CLB, XRAY, ELON, RE, LFT, MAS, PRE, PAA, PRU, ALL, VALE, AKNS, ALU, ARE, ALXN, AN, BWA, CS, DVA, DYP, ECA, EXPE, FLIR, GPI, JASO, LH, MFC, MAR, MFE, OZM, PTEN, PEP, PM, SKYW, STO, STRA, THS, VFC, VIA, WWE,

Friday: A, ACL, AB, BJRI, NILE, BWLD, CEPH, CMG, CSTR, BGC, IPAS, TUNE, MOH, NED, PNRA, PNSN, PRAA, RNWK, STMP, CAKE, DUK, IR, NAT, PDS, SAAB, UPL,

Monday: PAAS,

For a preview of this week's major economic announcements, I'll send you here. Michael McDonough does a better job of summing this stuff up than I could. Since this is a stock-picking blog versus an economics blog, I typically won't talk about this kind of stuff. Also, for a better preview of the week's market-related events, I'd recommend going here. TheStreet.com typically has a good weekly preview article for more stock-related events.

Position: None

Disclaimer: This is not a recommendation and is presented for informational purposes only.

Links in the post: http://fiateconomics.com/ , http://www.thestreet.com/