The issue is whether this economic uncertainty is going to weigh on the stock market or not.
This argument of fully discounting the economic damage that has been done is at the heart of the current market debate.
Watching first-time jobless claims and trading volume, plus some thoughts on defense names like Raytheon and Lockheed Martin, and tech names like Lam Research.
The big question at this point is whether the market has overshot in predicting that the worse is over.
Beyond energy markets and the potential for ancillary fall-out, the S&P 500, and this may be more important from a technical viewpoint, failed to hold that 50 day SMA.
I have to respectfully disagree with Jim Cramer's conclusions in his recent column, 'No Wonder Bank Stocks Have Been Hit So Hard'.
Will tech continue to trend toward leadership? Who among us can remember when it has not?
More than 450 quarterly reports are on tap, including 105 S&P 500 constituents.
With battle lines drawn between bulls and bears, several hundred earnings reports next week will paint a picture of what is really going on out there.
I have to believe that a few more weeks of lower oil prices and we will see more bankruptcy filings.