What is ahead next week for stocks

The stock market pulled back last Friday after it was up initially in the morning. All indexes ended the week almost flat. The following events are always on traders' mind: Surging in price of oil, conflict of middle east, slow down in US economy, FED rate hikes.

I believe the market is still the downtrend mode. We may see Nasdaq 2000 in the not too distance future. Perhaps in 2 weeks. Hold your cash.

Event Calenders from Yahoo:

Earnings Preview for the week of August 7th-11th :
Monday: EP, FTO, HANS, LOJN, MVL, FLSH, ORBK, YSI, ALTI, JOBS, BLKB, CPKI, CRAY, EGLE, FST, MNT, OPMR, OSIP, SONS, TKLC, URI, USIH, and WGL
Tuesday: ABP, ALXN, AMSC, BLTI, BIOS, CVC, CMX, GRRF, CCU, FIX, LAMR, MGA, MNTA, MGAM, NOOF, PLA, SLXP, WGR, DTV, BBBB, CELL, CSCO, DCEL, GMST, JUPM, LTRE, MFLX, OSUR, QSFT, SAPE, OVEN, TRMS, and WNR
Wednesday: LEND, BCRX, XTXI, CYPB, DYN, EPL, FD, FWLT, HSP, HGSI, IFOX, KG, LFUS, NOVN, HAWK, SVNT, TRK, IDS, ACS, ATO, BORL, CD, COGO, ECLG, IO, IPAR, KNTA, LGF, TLEO, NCTY, UDRL, USTI, and WMS
Thursday: FLWS, AIRN, BVF, EAT, DISH, FS, JJZ, JCP, JADE, MOVI, GT, TOMO, URBN, ADI, ANGO, BAS, BGFV, CREE, FMD, KSS, KVDA, PSUN, and VIMC
Friday: CCUR, IAG, NXG, SGDE, AE

Conference/Events Calendar for the week of August 7th-11th :
Monday: RIG Analyst Meeting - NYC; CVS July Sales Release; CW at Credit Suisse Aerospace/Defense Conf; DEIX, DCX, ALV, DRRA, at JPMorgan Harbour Auto Conf
Tuesday: NFLD Analyst Meeting; SRVY Group Q&A Meeting; URBN Q2 FY07 Sales Release; BOBE Sales Release; ALA, BOBJ, CHRD, JCOM, MOT at RBC Capital Markets North American Technology Conf; AMTY, TEN, TRW, F, ARM at JPMorgan Harbour Auto Conf; Fed: FOMC policy anncmnt at 14:15 ET
Wednesday: FNM Investor/Analyst Conf Call; GM 2006 Annual Automotive Securities Analyst Event; Bank of America Specialty Pharmaceuticals Conf; CAPA, IMOS, RACK at RBC Capital Markets North American Technology Conf; CNQR, VRSN, JDAS, at CIBC World Markets 6th Annual Software Conf; MTDN, GNTX, GT at JPMorgan Harbour Auto Conf; TEVA Luncheon & Investor Presentation; TOL 3rd Quarter Outlook Call; TSM Sales Release - July 2006
Thursday: NCI Analyst Meeting; Bank of America Specialty Pharmaceuticals Conf; CIBC World Markets 6th Annual Software Conf; Prudential Equity Group's Boston Biotech Investor Day 1-on-1's; RBC Capital Markets North American Tech Conf
Friday: Bank of America Specialty Pharmaceuticals Conf.

Tags: Market Review, Weekly Digest