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Earnings reports for the week

Seeking Alpha has a nice article highlighting top earnings for the week and trade ideas around the earnings.  MSFT, SPWR, WFR, and POT are all mentioned.  I am not to confident about which way earnings results will drive stocks.  I imagine each corporations earnings will be judged by itself.   I speculate some corporations will  have a hard time meeting growth estimates if the recession spreads faster, and further than expected which is typical in a bear market.  On the other hand with the recent correction added to a big sell off at the open Tuesday could be a short term bottom if earnings are decent and the world doesn’t melt.  I  honestly have found a new respect for the capitalist market.  The market rages ahead quicker than would be the case in any other economic model; but, then can rapidly put on the breaks if needed.  The breaks are on, and with investors still sitting complacent the pain level for most long the market could increase rapidly.                http://seekingalpha.com/article/60818-6-key-earnings-previews-aapl-msft-ebay-pot-wfr-spwr?source=yahoo

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January 21, 2008 Posted by | Uncategorized | , , , , , , , , , , , , , | Leave a comment