What is ahead next week for stocks

Stock market closed down almost 1% for DOW and Nasdaq Friday, and down 0.5% for S&P. For the week, all indexes were down almost over 4%. It is one of the worst weeks in the recent years. Weakness is contributed by the price of oil which is caused by the turmoil of the middle east conflict (Isreal and Lebonnon). It is not good for the world economy which in turn bad for the market.

The rallies are meant to be sell off by the bears. If you still have any long positions, then wait for the rally to be come and sell into the strength. Next week could be violatile too because the earning is kicking off next week.

Event Calenders from Yahoo:

Earnings Preview for the week of July 17th-21st: : Companies reporting earnings the week of July 17th-21st include:
Monday: SCHW, C, CBH, ETN, HDI, JBHT, MI, MAT, NVS, PVTB, GWW, ACTS, CCK, DGII, INVX, NBIX, and PPDI
Tuesday: ADTN, BLK, KO, FRX, FCX, JNJ, KEY, MER, MTG, NCC, NYT, SIFY, UTX, CSX, DTAS, IBM, ILMN, TSS, and YHOO
Wednesday: AOS, ABT, ASD, APH, AMR, ASML, BAC, CDWC, FLIR, GD, HST, JAKK, JPM, KEA, NITE, LEE, LUFK, RYL, LUV, STJ, STI, UIS, UNH, WFC, WIT, ADS, ALL, DOX, AAPL, AZR, CTXS, CBST, ET, EBAY, EFII, INTC, ISIL, JNPR, LRCX, MOGN, MGI, MOT, NBLS, NVEC, PLCM, QCOM, RDN, RMBS, SSTI, STLD, SWFT, SNV, TER, and YUM
Thursday: ACMR, AME, BAX, BBT, BLS, BHE, CBOT, CHIC, CHZ, CPS, CMA, CAL, CBE, DHR, CY, DJ, DHI, ELNK, ENDP, EFX, FCS, F, IMCL, ITW, LSTR, LOGI, MMR, MDC, MEDI, NE, NOK, NCX, NVR, ORB, BTU, PFE, PPG, REDF, RS, RIMG, SAP, SCHL, SLM, SMMX, TXT, TMK, TRAD, TZOO, UTEK, USAP, WB, WFT, AMD, AFFX, AH, AVID, BRCM, BTUI, COF, CERN, CHRT, COHU, CPWR, DST, FFIV, GILD, GOOG, HAL, HYSL, INFA, NSIT, XXIA, LAUR, LEG, MENT, MSFT, MDCC, MROI, NDAQ, PDFS, RLI, RSAS, SCST, TPX, XPRSA, VRSN, XLNX, and ZHNE
Friday: ACO, ACI, CAT, LLY, GAP, HBAN, IUSA, ERICY, NUE, RSH, SLB, SEPR, WL, and CYT

Tags: Market Review, Weekly Digest