What is ahead next week for stocks

Stock market closed lower again on Friday after the FOMC meeting on Wednesday. Thursday and Friday were the biggest drops in many months. Weakness across most of sectors. Volumes have picked as compared normal trading days. The last two days are definitely considered as distribution days. I would avoid buying until the down trend has stopped.

Weekly Losers:
MFLX -33%, SFCC -32%, ASYT -32%, AVD -32%, NMHC -32%, EDAP -28%, CUTR -27%, SGK -27%, ECPG -27%, EXPE -26%, BLTI -26%, IMMR -26%, CAMP -25%, IPAS -25%, ABAX -23%, PLB -23%, RNE -22%, IOTN -21%, PCOP -21%, RWC -21%, UIC -20%, AEY -20%, AIRM -20%.

Weekly Gainers:
CSPLF +63%, UFPT +62%, IFO +41%, ZOLT +26%, LMIA +25%, BIDU +25%, SCR.A +23%, OMRI +21%, INPC +21%, EMMS +21%, RTI +20%, KNOL +20, DIL +20%, PEIX +20%, SRVY +18%, BGFV +18%, MGPI +16%, PANC +15%, EMT +15%, DATA +15%, WCG +14%, IMH +14%, FTI +14%

Earning calender from Yahoo:

Monday: JADE, NTE, NVAX, PETS, ROC, TGT, VAL, A, DEIX, FARO, GG, HOM, JAS, NTES, NINE, OSIS, and SHMR
Tuesday: AGYS, AEOS, BJ, CTR, DE, DKS, ESLT, FOSL, HD, JBX, VLCCF, SKS, SPLS, TJX, WMT, ANF, AMAT, CPWR, HPQ, LTXX, PLAB, REDE, and VSAT
Wednesday: BRC, CHRS, CPA, LTON, PBH, RTLX, ROST, TLB, TOO, ZLC, ACXM, BEAS, CTRP, EXM, FL, GYMB, HOTT, INTU, LDG, MW, NAPS, OPNT, PETM, CRM, SNDA, SNPS, and ZUMZ
Thursday: AAP, BKS, CMRG, PLCE, CLE, DEBS, KONG, LTD, NWY, SHLD, SCVL, SSI, SMRT, STP, ADIC, ARO, ALKS, ADSK, BRCD, CTRN, CPWM, DELL, FMCN, GPS, HIBB, MRVL, JWN, RRGB, SNS, STXN, and SUPX
Friday: ASEI, ANN, KIRK, and TNP