In 'What's Ahead on Wall Street' for the week of April 11, we'll start to get first quarter earnings reports. We kick off the week with Alcoa (AA) followed by CSX (CSX) on Tuesday. Then midweek, we'll hear from JPMorgan Chase (JPM) and Pier 1 Imports (PIR) . Towards the end of the week, we have Bank of America (BAC) , Delta Airlines (DAL) , Wells Fargo (WFC) followed by Citigroup (C) on Friday. One of the ones we're looking at is CSX. Analysts expect the railroad operator to post profits of $0.37 a share on revenue of over $2.5 billion. TheStreet's U-Jin Lee reports from Wall Street.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.